HTC expect boost in revenue in 2nd quarter due to demand for the One-series smartphones
24 April 2012 by Olav Hellesø-Knutsen
HTC expect an increase in revenue due to high demands for the One X, One S and One V Android smartphones
It is just weeks since HTC reported about a very disappointing first quarter. The Taiwanese company saw a 70% drop in revenue compared to the first quarter last year. In Q1 2011 HTC had a net income of NT$14.83 billion and this decreased to NT$4.46 billion (US$151 billion) during the first quarter this year. Revenue during the period also sank from NT$104 billion to NT$67 billion.
HTC CEO Peter Chou said in a statement today that
HTC's outlook for the second quarter is a revenue of NT$105 billion, a little less than the NT$124 billion from Q2 last year but a 55% increase compared to first quarter 2012.
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