HTC saw its third consecutive month of sequential growth as it heads to the lucrative holiday sales period, although its November figures still compared poorly year-on-year.

Revenue for November 2015 was TWD10.29 billion (TWD314 million), up 15 per cent from October, but down 39.3 per cent year-on-year. This also marks HTC’s strongest monthly sales since May 2015 – although it has been far from a steady upward trajectory since.

For the year-to-date, revenue of TWD115.2 billion is 33.3 per cent behind the 2014 figure.

HTC recently stopped giving forecasts for its financial performance, citing several factors influencing this, while also removing one of the main sticks it has been beaten with should it fail to reach its own expectations.

However, in a conference call at the end of Q3, Chialin Chang, CFO and president of global sales, did suggest the company is looking for an “incremental improvement in revenue and net income”.

HTC has undertaken a broad restructure, as it looks to cuts costs in line with falling sales.

From a product point of view, the company launched a new “hero” product to drive sales in the latter part of the year, in the shape of its One A9.

With the company traditionally releasing a single flagship device in February, this has meant that its portfolio lost some of its lustre by the time the Christmas sales period began.