The Los Angeles Times
July 29, 2010
By Associated Press
TAIPEI, Taiwan (AP) — Taiwan’s top smartphone maker HTC Corp. said Thursday its second-quarter earnings rose 33 percent year-on-year amid strong demand for phones using Google’s Android operating system.
Net profit for the April-June quarter was New Taiwan dollars 8.6 billion ($269 million). Unconsolidated revenue totaled $1.9 billion, up 58 percent, the company said in a statement.
With strong demand expected from Europe, North America and Asia, HTC’s third-quarter sales are forecast to reach a record high $2.2 billion, nearly double the same period last year, the company’s chief financial officer Cheng Hui-ming told an online investor conference.
That translates into shipments of 6.5 million handsets, up 132 percent from the same period last year, he said.   more …
