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. OnePlus N6 With an 8,000mAh Battery Arrives in India at This Price
  2. Bitcoin Drops Below $60,000 as US Fed Signals Weigh on Sentiment
  3. Infinix Note Edge Review
  4. Samsung Galaxy S25 Ultra Available at 'Lowest Price of the Year' on Amazon
  5. OnePlus Announces Deals on These Products for Upcoming Prime Day Sale
  6. Samsung Galaxy A27 5G First Impressions
  7. Here's How the Samsung Galaxy A27 5G Costs in India
  8. Samsung Galaxy Z Fold 8 Ultra, Galaxy Z Fold 8 Camera Details Leaked
  9. Sony Bravia 9 II, Bravia 7 II 4K RGB LED TVs Launched in India: See Price
  10. iPhone Ultra Dummy Image Offers Closer Look at Design and New Black Colour
  1. Xbox Has Reportedly Paused New Third-Party Game Pass Deals
  2. Samsung Galaxy Z Fold 8 Ultra to Get 50-Megapixel Ultrawide Camera, No Camera Upgrades for Galaxy Z Flip 8: Report
  3. iPhone 18 Pro Rear Design, New Colourway Spotted in Purported Drop Test Video
  4. Samsung Galaxy A27 5G Price in India Revealed Days After Launch: Key Specifications, Features
  5. Germany Takes Lead in Europe’s MiCA Crypto Licensing With 57 CASPs Ahead of Deadline
  6. Nothing Phone 4b's Key Specifications Spotted via Leaked Real-life Images, Could Feature 6,000mAh Battery
  7. Acer TravelLite TL24-54M Launched in India With Intel Core Series 3 Chip, 14-Inch Display: Price, Specifications
  8. Qualcomm Schedules Snapdragon Summit 2026 for September: Snapdragon 8 Elite Gen 6 Series Expected to Debut
  9. Bitcoin Price Slides to $59,500 as US Fed Signals, Strategy's Turnaround Plans Weigh on Sentiment
  10. State of Decay 3 Developer Undead Labs Reportedly Facing Closure Amidst Xbox Cuts
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.