InterDigital Inc (IDCC)

[thelurker]

HTC revenues hit new high in October on launch of new models

Daniel Shen, Taipei; Steve Shen, DIGITIMES [Friday 7 November 2008]

High Tech Computer (HTC) saw its revenues grow 22.4% on year to hit a record high of NT$16.04 billion (US$489 million) in October buoyed by the launch of new models, including T-Mobile G1 phones, according to company data.

For the 10 months of this year, revenues reached NT$121.22 billion, up 30.8% from a year earlier period.

Despite growing uncertainty about the global economy, HTC has remained positive over its fourth-quarter revenue outlook, targeting a total of about NT$48 billion, according to sources at handset component suppliers.

The sources even pointed out that HTC is actually under a tight production schedule, with part of its shipments already being affected.