HTC records NT$38 EPS in 2008
High Tech Computer (HTC) has announced revenues for the fiscal year 2008 (ended December 31, 2008) reached NT$152.56 billion (US$4.61 billion), with 28.65% on-year growth. Net income after tax was NT$28.68 billion, with a net EPS of NT$38.03 for the full year, according to the company.
Buoyed by the launch of new products, HTC posted revenues of NT$47.38 billion in the fourth quarter of 2008, rising 21.45% from the same period of 2007. Sales of HTC's Touch Diamond-series models as well as Android-based G1 phones each met their targets, the company said.
For 2009, HTC aims for a revenue growth of 20%, according to company sources. The handheld device specialist is looking to introduce about 10 new models, consisting of Microsoft Windows Mobile and Google Android platform models, into the market this year, indicated the sources.
In addition to Qualcomm solutions, HTC plans to utilize Ericsson's EMP platform for its 3.5G handsets, the sources noted.
In related news, HTC announced via a company filing with the Taiwan Stock Exchange (TSE) on December 31, 2008 that it has invested NT$355.62 million to acquire a 16,515 square-meter plot in Taoyuan, Taiwan. The company plans to establish an additional production base at the site and is slated to kick off in September 2009, according to the company.
Buoyed by the launch of new products, HTC posted revenues of NT$47.38 billion in the fourth quarter of 2008, rising 21.45% from the same period of 2007. Sales of HTC's Touch Diamond-series models as well as Android-based G1 phones each met their targets, the company said.
For 2009, HTC aims for a revenue growth of 20%, according to company sources. The handheld device specialist is looking to introduce about 10 new models, consisting of Microsoft Windows Mobile and Google Android platform models, into the market this year, indicated the sources.
In addition to Qualcomm solutions, HTC plans to utilize Ericsson's EMP platform for its 3.5G handsets, the sources noted.
In related news, HTC announced via a company filing with the Taiwan Stock Exchange (TSE) on December 31, 2008 that it has invested NT$355.62 million to acquire a 16,515 square-meter plot in Taoyuan, Taiwan. The company plans to establish an additional production base at the site and is slated to kick off in September 2009, according to the company.
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