Taiwan’s HTC sees Q2 revenue at about $1.6 bln

TAIPEI, April 28 (BestGrowthStock) – Taiwan’s HTC (2498.TW: ), the
world’s No. 5 smartphone brand, expects revenues to grow to T$50
billion ($1.6 billion) in the second quarter, helped by improving
demand for the feature-jammed gadgets.

The firm also expects gross profit margins to come in at
about 30 percent, it said in a statement posted on its website,
(US$1=T$31.3)

Stock Report

(Reporting by Argin Chang, Editing by Jonathan Standing)

Taiwan’s HTC sees Q2 revenue at about $1.6 bln