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

Categories: Announcements, HTC, Research
By: , IntoMobile
Tuesday, May 8th, 2007 at 12:23 PM

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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Will Park

Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...