Share

Smartphone maker HTC reports profit jump

Taipei - Taiwan's top smartphone maker HTC says its second quarter earnings doubled, with shipments reaching 12 million handsets amid growing demand.

The company said Friday net profit for the April-June quarter surged 103% to New Taiwan dollars 17.5bn ($607m) on revenue of NT$124bn.

HTC has grown on the strength of its design and production of handsets based on Google Inc.'s Android operating system.

It said the launch of several entry-level models has added to revenue, with Asia posting stronger growth than the US and Europe.

HTC expects third quarter shipments to grow 98% year-on-year to 13.5 million, and revenue to grow 80 percent to NT$137bn.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.99
-0.3%
Rand - Pound
24.07
+0.2%
Rand - Euro
20.58
+0.0%
Rand - Aus dollar
12.36
+0.5%
Rand - Yen
0.13
+0.7%
Platinum
902.95
+0.1%
Palladium
998.75
-0.7%
Gold
2,153.42
-0.3%
Silver
24.92
-0.5%
Brent-ruolie
86.89
+1.8%
Top 40
65,837
-0.6%
All Share
72,075
-0.5%
Resource 10
53,082
-0.4%
Industrial 25
99,417
-1.1%
Financial 15
16,638
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders