Thursday, August 7, 2008

HTC revenues up over 26% on year in July

7 August 2008]
High Tech Computer (HTC) posted revenues of NT$11.44 billion (US$372.64 million) in July, down 3.4% on month but up 26.4% on year, according to a company filing with the Taiwan Stock Exchange (TSE).
For the first seven months of this year, revenues topped NT$78.76 billion, up 32.4% from the same period of last year, the data showed.
Based on HTC's own projection of a 10% sequential growth of its quarterly revenues, the company's revenues are expected to reach NT$38 billion in the third quarter of this year, according to a Chinese-language Commercial Times report.