Cell Phone News

HTC Sees 20% Jump in Year-on-Year Revenues

By Will Park on Tuesday, May 8th, 2007 at 12:23 PM PST In Announcements, HTC, Research

HTC has reported that its revenue has increased 19.7% from April 2006. This amounts to revenues of $273.8 million, but it doesn’t stop there. Taiwan-based analysts are putting HTC’s second quarter growth at 15%, due to an increase in self-branded handset releases. But, we’ll have to wait and see how marketing and advertising costs, associated with pushing their own handsets, will weigh on profit margins.

It’s nice to see that HTC is doing well for itself. Although, we had a hunch that the powerhouse ODM turned global brand has been growing.

via: digitimes

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