Feeds

HTC smartens up bottom line

Smart-phone sales rocket

Business security measures using SSL

Taiwanese smart-phone manufacturer HTC today reported Q2 FY2005 net income of TWD2.49bn ($77m) on sales TWD15.44bn ($475m).

Those figures amount to sequential gains of 16.5 per cent and 58 per cent, respectively. Year-on-year, HTC experienced income growth of 155 per cent on a 91 per cent jump in sales.

For the first six months of the year, the handset maker reported net income of TWD4.06bn ($125m) - up 141 per cent on the year-ago period, HTC said - on sales of TWD28.69bn ($883m).

HTC said its gross margins grew from 20.5 per cent in Q1 FY2005 to 25.2 per cent in Q2.

HTC's growth trend is likely to continue though the rest of the year, with new clamshell-format handsets coming later this quarter that target both the 2.5G and 3G markets. Its 3G device, dubbed Universal, has already won business from Orange, T-Mobile, Vodafone, O2, i-mate and others, and Wizard, a more compact, 2.5G-only version of the device is likely to win the support of carriers too. Further 3G models are in the pipeline for 2006.

HTC is also believed to be gearing up to mass-produce the next, Windows Mobile-based version of Palm's Treo smart phone, too. This device is expected to debut later this year.

Separately, HTC said CEO H T Cho has ceded that role to company president Peter Chou. Cho will retain his position on the company's board and as head of the charitable HTC Foundation. ®

Reducing the cost and complexity of web vulnerability management

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.