MOBILE FAIR-HTC CEO says committed to Microsoft and Google

By Georgina Prodhan

BARCELONA, Feb 18 (BestGrowthStock) – Taiwanese smartphone maker HTC
(2498.TW: ) will stick with phone software from both Microsoft
(MSFT.O: ) and rival Google (GOOG.O: ) for the long term, Chief
Executive Peter Chou told Reuters on Thursday.

HTC, which specialises in smartphones that run computer-like
functions such as Web browsing and email, has long been a
staunch partner of Microsoft, and is also the maker of Google’s
first own-branded phone, based on Google’s Android software.

“Our commitment to Microsoft has never changed,” Chou said
in a meeting at the Mobile World Congress in Barcelona, the
world’s biggest wireless industry fair.

“Of course, we are very committed to Android as well. We are
very long-term committed to those two.”

Earlier in the week at the show Microsoft launched Windows
Phone 7, a revamped version of its mobile phone operating
software, [ID:nLDE61B275], while Google’s (GOOG.O: ) chief
executive Eric Schmidt made his first appearance at the fair and
gave a keynote speech [ID:nN16234267].

HTC announced two Android phones and one Microsoft phone
thie week as well as a budget smartphone, the Smart, based on
neither Microsoft nor Google software but a chipset from
Qualcomm (QCOM.O: ) that will likely sell at about half the price.

HTC, the world’s fourth-largest maker of smartphones, said
last month that gross profit margins would fall to about 30
percent this quarter from 32 percent in the fourth quarter of
last year, but Chou said investor concern was overdone.

“I think there’s some misunderstanding that we’re
sacrificing our margin tremendously,” he said. “We’re adding
overall absolute profit to the company, making HTC competitive,
much stronger over time,” he said.

“Our margins just changed 1-2 percent. It’s not a big deal,”
he said. “We think we are doing the right thing for our future,
our competitiveness and we are very confident on our strategy.”

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(Editing by Greg Mahlich)

MOBILE FAIR-HTC CEO says committed to Microsoft and Google