HTC has announced its unaudited revenue figures for February 2014, revealing consolidated revenue of NT$7.2 billion ($238 million) and total consolidated revenue for the year so far of NT$16.9 billion ($558 million). The figure represents a month-on-month decrease of 25.29 percent, and a year-on-year decrease of 36.45 percent as the struggling manufacturer prepares to launch its new high-end smartphone, the 2014 HTC One. HTC must now earn at least NT$17.1 billion in March if it's to reach its NT$34-36 billion revenue prediction for the first quarter.

Looking further ahead, the Taiwanese company will be hoping the new flagship, arriving March 25, together with stronger mid-range offerings like the Desire 610 and 816, will help reverse its fortunes.

Source: HTC