HTC April sales dip 20% at NT$31.03 billion

Telecom Lead Asia: Taiwan smartphone maker HTC said
that its consolidated sales for April were NT$31.03 billion, down 20 percent as
compared NT$38.73 billion a year ago.

For the first four months of this year, the company’s
consolidated revenue totaled NT$98.82 billion, down 30.84 percent from a year

The company’s global market share has plunged from 8.9
percent a year ago to 4.8 percent in the first quarter of 2012 due to stern
competition from Apple and Samsung.

Earlier, HTC hinted that the second quarter would still be affected by its
product transition but nonetheless projected revenue at NT$105 billion in the
quarter, up 55 percent from a disappointing first quarter.
Smartphone maker HTC posts 35% dip in Q1 revenue to $2.3

HTC reported unaudited consolidated revenue of NT$67.79
billion ($2.3 billion) for the first quarter of 2012, a drop of 34.92 percent
from a year earlier.

From January to February, the company reported consolidated
revenue of NT$36.91 billion, a year-on-year drop of 45 percent, while its
revenue in March managed to post 52.19 percent growth from the previous month
to meet its former forecast.

During the first three months of 2012, HTC posted NT$5.55
billion in unaudited net pre-tax profit, or NT$5.35 per share, while its
operating income was around NT$5.01 billion.

Recently, HTC unveiled the One series of phones for the Asian markets on April 2.
The handsets ius priced around o Tw$20,900 ($706).

The launch of a new series of smartphones is aimed at taking
on rival device makers Apple and Samsung.

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