HTC reports US$517 million profit in Q1May 2, 2011 - 16:20 AMT PanARMENIAN.Net - HTC has reported that its first quarter profit nearly doubled to NT$14.83 billion (US$517 million), while revenues reached a record high of NT$104.16 billion (US$3.5 billion), up by 175% from a year ago. Handset sales totaled 9.7 million in the first quarter, a rise of 192 percent from Q1 of 2010 and up by 6 percent from the fourth quarter of 2010. Typically, companies report a sequential drop from Q4 due to the high sales at the end of the previous year. Average sale price was US$359 in Q1, rising 6 percent from Q1, 2010. Operating margin was 29.3 percent, in line with the firm's forecast. The company aims to recruit around 1,000 extra staff in Taiwan this year to boost its R&D efforts, cellular-news reported.   Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."   Partner news Most popular in the section |  Latest news Armenia border residents dissatisfied with delimitation  Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan.“Great success”: Pashinyan pleased with new border protocol Pashinyan has described the signing by Armenia and Azerbaijan of a protocol on delimitation in Tavush as “a great success”.Armenia, Azerbaijan sign protocol on demarcation coordinates Armenia’s government took on May 15 another step towards handing over four border areas to Azerbaijan.U.S. warns Georgia not to side with Moscow against the west Georgia has been warned by the U.S. not to become an adversary of the west by falling back in line with Moscow. |
