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HTC Posts Revenues

HTC Posts Revenues

HTC, makers of many an excellent smartphone have posted their earnings.

Revenues were up year on over 10% according to Digitimes. As the popularity of smartphones grows HTC is well positioned to cash in on this new trend. Having just made the Google Nexus One and already with an impressive line up of Android and Windows 7 Series mobiles on the way HTC’s future looks rosy according to market analysts.

“HTC is expected to see its first-quarter revenues reach the mid- to upper-range of its target of NT$32-34 billion before seeing a 20% sequential revenue growth in the second quarter, market watchers estimated.”

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HTC is being sued by Apple for patent infringement over its Nexus One phone which uses the Andriod operating system.

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