InterDigital Inc (IDCC)

[thelurker]

HTC November revenues hit record for second time straight
Daniel Shen, Taipei; Adam Hwang, DIGITIMES [Tuesday 7 December 2010]

HTC has reported consolidated revenues of NT$38.484 billion (US$1.258 billion) for November 2010, hitting a monthly record for the second consecutive time.

HTC's November consolidated revenues were 4-10% higher than the originally expected NT$35-37 billion, according to investors. HTC is expected to generate consolidated revenues of NT$33-35 billion in December, resulting in fourth-quarter figures of NT$105 billion which is higher than HTC's forecast NT$100 billion, the sources pointed out.

HTC's shipments of Android and Windows Phone 7 smartphones have been short of demand and its booming shipments will continue and reach 8.5 million units in the first quarter of 2011, the sources indicated.

In order to increase shipments of smartphones, HTC will invite its suppliers of chips, touch panels, software, casings, phone camera modules and PCBs to attend the HTC Partner Strategy Summit on December 9 in Taipei in an attempt to secure sufficient supplies of components.