In case you are not familiar with the blockchain, it is a system used to track cryptocurrency making it nearly impossible to cheat or hack into the system. Earlier this year, HTC announced it was working on a high-end Android phone, its first flagship model since the HTC U12+ in 2018.
HTC’s Exodus blockchain phone failed to appeal to the public
HTC’s new device is said to be based on the growing “metaverse” trend, although such a term could mean anything. There may be a connection between a new high-end HTC handset and the company’s Vive Flow VR headset. There is also speculation that a new HTC phone will support Augmented Reality (AR) apps. The phone was due to be unveiled in April, but delivery issues have caused delays.
But since then, HTC has released a series of forgettable models, resulting in a flood of red ink. Despite the disappointments, HTC still has its fans who keep hoping that maybe the next phone will be the one to get the outfit back on track. And now the new model that would have been introduced in April has been delayed due to COVID.
How bad has things been for HTC? In April, the company had sales of $7 million, the lowest monthly figure since the company went public in 2002.