Wednesday, November 15, 2006
HTC October Revenues Reach New Monthly High
Posted by Nurhisham Hussein in "NEWS" @ 07:00 AM
"High Tech Computer (HTC) reported record high revenues of NT$10.71 billion (US$326 million) in October, up 20.6% sequentially and up 24.9% on year. Volume shipments of two GPS PDA phones (the hw6920/6925) to Hewlett-Packard (HP) and more own-brand models helped push up HTC's revenues for October, according to analysts at local securities houses."
With bunch of new models about to hit the shelves in November, it looks like HTC (and it's shareholders) is going to have a nice Christmas. HTC's move towards establishing it's own retail channels will also give a fillip towards its revenue streams, but that may only come after eating the costs of building consumer awareness of the HTC brand. For now though, the ODM route is raking in the cash for a banner financial year. Now, where's the number of my stockbroker?
With bunch of new models about to hit the shelves in November, it looks like HTC (and it's shareholders) is going to have a nice Christmas. HTC's move towards establishing it's own retail channels will also give a fillip towards its revenue streams, but that may only come after eating the costs of building consumer awareness of the HTC brand. For now though, the ODM route is raking in the cash for a banner financial year. Now, where's the number of my stockbroker?
