Taiwan smartphone maker HTC reports profit jump

October 31, 2011

Taiwan smartphone maker HTC Corp. says its third quarter earnings grew 68 percent from the same period last year, with shipments reaching 13 million handsets.

The company said Monday net profit for the July-September quarter amounted to New Taiwan dollars 18.7 billion ($620 million) on revenue of NT$136 billion, with Asia, particularly China, a key to growth.

HTC has grown on the strength of the design of its handsets, based on Inc.'s Android operating system. It says its profile has been raised with the launch of two "Sensation" models equipped with high-end Beats headphones by U.S. maker Dr. Dre.

expects fourth quarter shipments to be between 12 and 13 million. That would represent a 30 percent revenue increase on the same period in 2010.

Explore further: Taiwan's HTC says profit down 30 percent


Related Stories

Taiwan's HTC says profit down 30 percent

April 6, 2009

Taiwan's smartphone maker HTC Corp posted a year-on-year 30 percent fall in first quarter net profit as the global economic meltdown hit sales, the company said Monday.

Taiwan's HTC earnings edge down in Q2

July 6, 2009

HTC Corp, Taiwan's leading smartphone maker, said Monday its net profit in the second quarter was down almost two percent from a year earlier.

Smartphone maker HTC reports profit jump

January 21, 2011

(AP) -- Taiwan's top smartphone maker HTC said Friday its fourth-quarter earnings more than doubled from a year earlier amid strong demand in global markets.

Recommended for you

US ends bulk collection of phone data

November 30, 2015

The US government has halted its controversial program to collect vast troves of information from Americans' phone calls, a move prompted by the revelations of former intelligence analyst Edward Snowden.


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.