HTC's profit surge slightly beats forecasts


  • TECH
  • Friday, 04 Jul 2014

UPTICK: Taiwanese smartphone maker HTC Corp reported an 80% rise in second-quarter net profit from a year ago, slightly beating analyst expectations, as a turnaround strategy started to stem a decline in sales. — Reuters

TAIPEI: Taiwanese smartphone maker HTC Corp on Thursday reported an 80% rise in second-quarter net profit from a year ago, slightly beating analyst expectations, as a turnaround strategy started to stem a decline in sales. 

April-June net profit reached T$2.26bil (RM240.53mil) versus a T$2.17bil (RM231.53mil) mean estimate of 17 analysts polled by Reuters. 

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Exclusive-Tesla board made $3 billion via stock awards that dwarfed tech peers
Electricity is now holding back growth across the global economy
North Korean leader's sister sports Chinese foldable phone
STMicro has shipped 5 billion chips for Starlink in past decade; that could double by 2027
Tech support scammers stole US$85,000 from him. His bank declined to refund him.
Analysis-Old meets new economy: AI boom to supercharge European banks' rally
Humanoid robots take center stage at Silicon Valley summit, but scepticism remains
Asahi CEO mulls new cybersecurity unit as disruption drags on
China's smaller manufacturers look to catch the automation wave
From Zelda to Civ VI: understanding game complexity

Others Also Read