Taiwan's HTC sees Q2 revenue up 55 percentage Q/Q

Advertisement
By Reuters | Updated: 5 June 2012 13:52 IST
Highlights
  • HTC sees a 55 percent jump in revenue in the second quarter while margins also improved
Taiwanese smartphone maker HTC Corp <2498.TW> said on Tuesday it sees a 55 percent jump in revenue in the second quarter from the previous three months, matching forecasts, while margins will also improve.

The company said in a statement that it expects its second-quarter revenue to be T$105 billion compared to T$67.79 billion in the first quarter.

HTC is expected to earn T$101.46 billion in revenue in the second quarter, according to 21 analysts surveyed by Thomson Reuters I/B/E/S.

HTC also said it expects a gross margin and an operating margin at around 27 percent and 11 percent, respectively, improving from 25.03 percent and 7.53 percent in the previous quarter.

HTC did not elaborate in its statement, but will give a briefing at 0800 GMT.

The world's No.5 smartphone maker reported early this month a 70 percent tumble in net profit in the first quarter to T$4.464 billion, just below forecasts, as it struggled to regain the market share lost to Apple Inc's iPhones and Samsung's <005930.KS> Galaxy range at the end of last year.

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Apple, HTC, agencynews
Advertisement

Related Stories

Popular Mobile Brands
  1. Amazon Great Indian Festival 2026: Best SSD Deals
  2. Redmi K100 Could Launch Soon at This Price: See Expected Specifications
  3. iQOO Pad Pro 8.8 Launch Confirmed; Specifications Teased
  4. Samsung Galaxy S27, Galaxy S27+ Could Miss This Selfie Camera Upgrade
  5. iPhone Duo Screen Repair Costs Almost as Much as an iPhone 18 Pro
  1. Circle’s USDC Leads as First Stablecoin Subject to Fall Under New EU Rules
  2. Amazon Great Indian Festival 2026: Best SSD Deals from SanDisk, Samsung, Seagate and More
  3. Amazon Great Indian Festival 2026: Best Premium Smartwatch Deals
  4. Panasonic Announces Festive Offers on Air Conditioners, Microwave Ovens and Soundbars in India
  5. BingX Secures Austrian Crypto Licence to Expand Across 29 EU Countries
  6. PS Plus Game Catalogue Will Add Mafia: The Old Country, Mycopunk, The Midnight Walk and More in October
  7. Oppo Wide-Folding Phone Key Display Features Tipped Ahead of Launch: Expected Specifications
  8. Google Play Store ‘Shop Devices’ Feature Goes Live in India With Pixel Phones and Accessories
  9. US Crypto Scam Crackdown Brings 241 Website Shutdowns by FBI, Brooklyn DA
  10. Logitech Starts Local Manufacturing in India, Products to Roll Out From Manesar Plant
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.