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HTC shipments to grow 19% in 4Q09 on launch of HTC Mega and Click, says paper

HTC (High Tech Computer) is expected to see its revenues and shipments grow 11% and 19%, respectively, in the fourth quarter of 2009, buoyed by the launch of Windows Mobile-based HTC Mega and Android-powered HTC Click smartphones at the end of the third quarter or early in the fourth quarter, according to a Chinese-language Economic Daily News (EDN) report citing data from Merrill Lynch.

The FOB prices of both HTC Mega and Click will be tagged at around US$300 a unit which will help strengthen HTC's competitiveness in the mid-range segment, the paper cited Merrill Lynch analyst Laura Chen as indicating.

However, the paper also cited Chen as saying that HTC is expected to see its revenues and shipments in the European market decline more than 20% sequentially in the second half of this year as demand for its high-end smartphones, including HTC Magic, HTC Hero, Touch Diamond 2 and Touch Pro 2, is unlikely to improve significantly.

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