HTC saw its consolidated revenues rise 14.96% sequentially to a six-month high of NT$10.29 billion (US$314.32 million) in November. The release of its latest smartphone, the HTC One A9, in late October helped ramp up sales in November, according to industry sources.

However, the November revenues were still contracting by 39.25% from the same month of a year earlier.

For the first 11 months of 2015, revenues amounted to NT$115.17 billion, decreasing 33.32% from a year ago.

HTC is likely to maintain its sales momentum in December due to seasonality and the release of the HTC One A9 in more markets, said the sources.