HTC has reported consolidated revenues of NT$7.23 billion (US$238 million) for February, decreasing 25.29% on month and 36.45% on year.

　　For the January-February period of 2014, revenues amounted to NT$16.9 billion, slipping 37.2% from a year earlier.

　　HTC has to generate revenues of around NT$17.1 billion for March to reach the low-end target of its guidance of NT$34-36 billion set for the first quarter of 2014.

　　For the second quarter of 2014, HTC will count on its recently released mid-range model, the Desire 816, as well as the forthcoming new flagship model, codenamed M8, slated for debut on March 25 in New York and London simultaneously.

　　The M8 reportedly will be christened as the All New HTC One for marketing, according to industry watchers.