HTC Q4 revenue at NT$42.9 billion

HTC, a global leader in mobile innovation and design, today announced fourth quarter revenue of NT$42.9 billion.

The quarterly net profit of the company was NT$0.31 billion, or EPS NT$0.38 per share and gross margin was 17.8 percent and operating margin was -3.7 percent.

“We will continue to stay focused on making the best smartphone and building a compelling mid-range portfolio. Meanwhile, we are going to communicate better with consumers,” said Peter Chou, CEO, HTC.

In the fourth qaurter, HTC entered into a strategic partnership with China Mobile and launched HTC One Max as the first TD-LTE device in China. The Company introduced new additions to its mid-range product portfolio, including the Desire 700 dual sim, Desire 601 and Desire 500 across Europe, Asia and Middle East.

The Company also launched 4G-LTE edition of the award-winning HTC One and HTC Butterfly s in Taiwan, as well as a champagne gold edition of HTC One in selected markets.

In fourth quarter, HTC One claimed yet another Best Phone title by Tbreak Awards, the most prestigious technology and gaming awards in the Middle East.

HTC launched “The Most Beautiful Smartphone” campaign through an interactive outdoor billboard at Time Square in New York City, boosting digital engagement with consumers and activation through the holiday sales season.

“The Ultimate Smartphone Photo Booth” was launched in partnership with Qualcomm consisting of 130 HTC One phones shooting from 540 degrees of actions and toured across major cities in the United States, showing off the vivid and true-to-life images captured by HTC’s groundbreaking UltraPixel Camera. The video received more than five million views on YouTube alone.

The Taiwanese company has signed a patent and technology collaboration agreement with Nokia couple of days back and settled all pending patent litigation between two companies. The full terms of the agreement are confidential.

In terms of first quarter outlook, HTC has predicted revenue between NT$34 – NT$36 billion, gross margin expected to be around 21.75 percent and EPS between NT$2.6 -NT$2.1.

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