HTC profitable in Q4
Source: Agencies |
January 22, 2011, Saturday
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Print Edition
Print Edition
TAIWAN'S smartphone maker HTC yesterday said its fourth-quarter earnings more than doubled from a year ago on strong global demand.
Net profit for the October-December quarter surged to NT$14.59 billion (US$500 million), up 160 percent from a year earlier, and a 31 percent rise from the third quarter, the company said in a statement.
HTC experienced fast business growth last year on the strength of its design and production of the first handset based on Google Inc's Android operating system.
HTC shipped 24.6 million handsets last year, up 111 percent from 2009. First-quarter sales are set to hit 8.5 million handsets, officials said.
Net profit for the October-December quarter surged to NT$14.59 billion (US$500 million), up 160 percent from a year earlier, and a 31 percent rise from the third quarter, the company said in a statement.
HTC experienced fast business growth last year on the strength of its design and production of the first handset based on Google Inc's Android operating system.
HTC shipped 24.6 million handsets last year, up 111 percent from 2009. First-quarter sales are set to hit 8.5 million handsets, officials said.
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