HTC touches low end of first quar­ter sales fore­cast

The China Post - - TAIWAN BUSINESS -

Tai­wanese smart­phone maker HTC Corp. ( ) said Tues­day it touched the low end of its quar­terly rev­enue fore­cast for the first three months of 2015 as its sales surged in March.

The Taoyuan- based com­pany re­ported unau­dited con­sol­i­dated rev­enue of NT$41.52 bil­lion (US$1.34 bil­lion) for the first quar­ter, in line with its es­ti­mate of be­tween NT$41.5 bil­lion and NT$45 bil­lion that was set on Feb. 6.

The fig­ure rep­re­sented a 13 per­cent se­quen­tial decline from the fourth-quar­ter rev­enue of NT$47.9 bil­lion amid a slow sea­son for con­sumer elec­tron­ics.

First-quar­ter op­er­at­ing profit was NT$20 mil­lion and net profit af­ter tax was NT$360 mil­lion, trans­lat­ing into earn­ings per share of NT$0.43, which met the com­pany’s ex­pec­ta­tion on an EPS range of be­tween NT$0.08 and NT$0.47.

In March alone, HTC posted con­sol­i­dated rev­enue of NT$20.02 bil­lion, up 117.02 per­cent from the pre­vi­ous month and up 23.41 per­cent from a year ear­lier fol­low­ing the launch of its flag­ship One M9 phone.

HTC shares opened 1.47 per­cent higher at NT$138.5 in Taipei morn­ing trade Tues­day.

HTC to Host ‘More than One’ Press

Event in China

HTC is sched­uled to host a “More than One” press event in Bei­jing on Wed­nes­day as the Tai­wanese phone ven­dor is widely ex­pected to launch three vari­ants of its flag­ship One smart­phone range.

The Taoyuan-based com­pany will re­port­edly launch the 5-inch One M9 pow­ered by a Qual­comm Inc. mo­bile pro­ces­sor, as well as the 5.1-inch One M9 Plus and the 5.5-inch One E9+ that run on Tai­wan’s Me­di­aTek Inc. ( ) chips.

The M9 made its global de­but at the Mo­bile World Congress show in Barcelona on March 1, but the spot­light of HTC’s China event may be on the big­ger-screen M9 Plus and E9+ that aim to cater to the ph­ablet craze in the world’s largest smart­phone mar­ket, ac­cord­ing to Tai­wanese me­dia re­ports.

Ear­lier re­ports said the metal-clad M9 Plus will come with a 5.1-inch 2K dis­play with a res­o­lu­tion of 2048 x 1536 pix­els, a Me­di­aTek MT6795 octa-core pro­ces­sor, 3GB of mem­ory, 32GB of in­ter­nal stor­age ca­pac­ity, a dual-cam­era de­sign with a 20-megapixel sen­sor on the back and an em­bed­ded finger­print scan­ner on the front.

The E9+, which ap­peared on HTC’s of­fi­cial China web­site on March 29, fea­tures a part-plas­tic and part-metal cas­ing de­sign, a 5.5-inch 2K screen, a Me­di­aTek MT6795 octa-core mo­bile pro­ces­sor, 16GB of in­ter­nal stor­age and a 20-megapixel main cam­era.

Tech­nol­ogy and gad­get web­sites have gen­er­ally praised HTC’s newly un­veiled M9 smart­phone, but some re­views have also ex­pressed mis­giv­ings over the per­for­mance of the 20-megapixel main cam­era, which was made by Toshiba Corp. at a time when the ma­jor­ity of the world’s mo­bile cam­eras are be­ing sup­plied by Sony Corp.

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