While Samsung’s somewhat disputed earnings report has left it on top for the third quarter this year, HTC has also announced record numbers in its Q3 earnings report.
In its sixth consecutive quarter of revenue growth, the company reported 13.2 million handsets shipped — a 93 percent increase from last year — which resulted in profit growth of 68 percent. In total, HTC reported NT$18.68 billion in profits (US$624 million) and revenue of NT$135.82 billion (US$4.5 billion), a 79 percent year-over-year increase.
Comparatively, Samsung shipped an estimated 28 million handsets in the third quarter, while Apple sold 17 million. Samsung’s flagship Galaxy S II shipments were included in their numbers, while the iPhone 4S just barely missed the mark. HTC has the Vigor smartphone on the way, which should be a boost for the Taiwanese phone maker, but there’s no telling what the Q4 reports will look like once the new iPhone is in the mix.
CrunchbaseCompany:HTCWebsite:htc.comLaunch Date:October 31, 1997
HTC Corp, (TAIEX: 2498) produces smartphones running the Android and Windows Phone 7 operating systems for themselves and as an OEM to other manufacturers. Since launching its own brand in late 2006, the company has introduced dozens of HTC-branded products around the world. The company recently introduced the HTC diamond to compete with Apple’s iPhone. Founded in 1997 by Cher Wang, Chairwoman, and Peter Chou, President and CEO, HTC made its name as the company behind many of the...
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