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What is HTC 2Q11 Business Review Summary about?

HTC Corporation reported financial results for the second quarter of 2011. Revenue was NT$124.40 billion, up 104% year-over-year, driven by strong sales of new products. Net income reached NT$17.52 billion, up 103% year-over-year. Shipments grew 124% year-over-year to 12.1 million units. For the third quarter, HTC expects revenue of around NT$137 billion, shipments of 13.5 million units, gross profit margin of 28%±0.5%, and operating profit margin of 15%±0.5%.

Author

Ashish Dubey

Language

EN