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HTC Q4 sales, income rocket

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Taiwan's HTC saw sales leapt 66.2 per cent sequentially during the fourth quarter of FY2005, according to the PDA-phone maker's provisional, unaudited financial results.

For the three months to 31 December 2005, the company realised revenues of TWD27.53bn ($862.32m), well up on the previous quarter's TWD16.56bn ($518.71m). Then, HTC reported a net income of TWD2.78bn ($87.08m) before tax - for Q4, the figure had risen 84.5 per cent to TWD5.13bn ($160.69m).

For the full fiscal year, HTC reported unaudited revenues of TWD72.78bn ($2.28bn), up 99.9 per cent on FY2004's total, TWD36.40bn ($1.14bn). Income before tax rose even more sharply year on year: by 205.3 per cent from TWD3.96bn ($124.04m) to TWD12.09bn ($378.69m).

During the year, HTC launched a series of critically acclaimed Windows Mobile-based PDA phones and smart phones, including the 3G-based Universal, sold as the i-mate Jasjar, the O2 XDA Pro, the T-Mobile MDA IV and the Orange SPV M5000 among others. HTC's numbers show it has built a solid business making devices mobile phone networks can offer under their own brands.

The coming year is expected to see the introduction of a large number of new models, including handsets that will support the High Speed Data Packet Access (HSDPA) speed boost technology for 3G networks. It is also known to be preparing a GPS-equipped PDA, along with a number of 3G smart and music phones. ®

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