24/Apr/2014 - Last News Update: 23:35

HTC phone sales beat expectations

Category: Technology

Published: 6th Jul 2010 17:45:30

The Taiwanese smartphone maker HTC has reported a 41% sales increase for the first six months of 2010.

Year-on-year revenues to the end of June increased from 69.8bn Taiwanese dollars (£1.4bn, $2.1bn) to 98.2bn Taiwanese dollars (£2bn, $3bn).

Figures for the most recent three months reflected record sales, according to HTC.

The figures beat analyst forecasts, reflecting a switch by HTC to newly emerging markets.

"Normally, June is an off-peak season. The sales figures are really amazing," Michael Chiang of Taiwan International Securities told the AFP news agency.

HTC previously specialised in making phones branded for specific mobile networks, such as O2's XDA smartphone.

It is also the manufacturer behind Google's Nexus One phone.

Whilst HTC continues with that business, it is expanding its own brands, such as the HTC Desire.

Many of the firm's smartphones rely on the Google Android operating system, which rivals the Apple iOS, used in Apple iPhones.

Geoff Blaber, a phone analyst at CCS Insight said: "HTC traditionally has been very much focused on the premium phone segment.

"It is starting to address lower-cost, mass market segments."

Patent row

Earlier this year, a row erupted between HTC and Apple over the technology used in rival smartphones.

In March, Apple alleged that HTC had infringed 20 patents Apple holds relating to the iPhone.

In a statement at the time, Apple's chief executive Steve Jobs said: "We can sit by and watch competitors steal our patented inventions, or we can do something about it.

"We've decided to do something about it,

"We think competition is healthy, but competitors should create their own original technology, not steal ours," he said.

Two months later, in May, HTC countersued, alleging that Apple violated five patents held by the company.

At the time, Jason Mackenzie, HTC vice president for North America, said: "We are taking this action against Apple to protect our intellectual property, our industry partners, and most importantly our customers that use HTC phones."

The cases are yet to come to trial, and have echoes of a similar dispute between Nokia and Apple which began in 2009, with the Finnish mobile phone giant suing Apple, which then countersued at the end of the year.

Mr Blaber said: "HTC is not the only company in dispute with Apple, and the reality is this is a dispute that is likely to continue for some time.

"What tends to happen in these cases is that an agreement will be met with regards to cross-licensing, where one party agrees to licence something in return for access to another."

On the Taiwanese stock exchange, shares in HTC closed up 5% at 495 Taiwanese dollars (£10, $15).

Source:
BBC News External Link Show Citation

Latest News

Harvard Citation

BBC News, 2010. HTC phone sales beat expectations [Online] (Updated 6th Jul 2010)
Available at: http://www.ukwirednews.com/news/72996/HTC-phone-sales-beat-expectations [Accessed 25th Apr 2014]

News In Other Categories

  • Ditchling Museum and Tate Britain vie for Art Fund Prize

    A village museum in East Sussex will go up against Tate Britain and the new £35m Mary Rose Museum in a contest to be named the UK's museum of the year.
  • Bristol Academy extends reach overseas with first foreign students

    With the doors to its brand new £1million training centre officially open, one of the UK's leading apprentice training providers, Bristol based S&B Automotive Academy, is showcasing its world-class facilities by launching a series of foreign student exchanges for the first time in its 41-year history. To get a flavour of what life is like as an apprentice in the UK, the Academy hosted 16 apprentice engineers and bus drivers from the G9 Automotive College in Hamburg, Germany, as part of a Europe-wide vocational training initiative called the ‘Leonardo Programme’ with support from the European Social Fund. In a reciprocal arrangement, S&B will be sending nine apprentices to Germany during February 2012 so that they can get an appreciation of life in the automotive industry on the Continent. A further three German exchange groups are being planned for next year. Designed to assist the development of vocational skills and training across Europe, including work placements for trainees, the Leonardo Programme has a budget of €1.75bn, which is helping to encourage UK organisations to work with their counterparts abroad. In what is expected to be another challenging year for employers in the UK automotive sector, S&B’s Chief Executive, Jon Winter, claims that the exchange initiative will bring many benefits to the Academy and its apprentices: “In a world of global automotive brands, it’s important for our learners to understand the international context of the industry they have chosen to make their career. This new exchange programme will enable apprentices and Academy staff alike to achieve a better understanding of the challenges and opportunities within the automotive arena in Europe. With the Academy’s influence also extending to the USA and Asia, there’s every possibility that this initiative could move further afield in the future.” Continued Winter: “The need for skilled technicians across the world is on the increase and we actively encourage our apprentices to look at broader horizons during their training. Many of them have already learned the phrase ‘Vorsprung durch Gelehrtheit’, quite simply, ‘Advancement through learning.” In the 2010/11 academic year, S&B doubled the number of successful Apprenticeships over the previous year with some 350 apprentices graduating from the Academy. At the same time, achievement levels reached an all-time high with an overall success rate of 85%. For those learners on the Advanced Apprenticeship three-year programme, success rates were even higher, at over 98%. PHOTO CAPTION: As part of their exchange visit, S&B Automotive Academy arranged for the German apprentices to visit Hampshire bus operator, Bluestar, at its Barton Park depot. The students are pictured with S&B’s Andy West (3rd right) and Steve Prewett, Bluestar’s Area Engineering Manager (2nd right). Ends http://www.sandbaa.com
  • Amazon revenue up but offset by increasing expenses

    Internet retailer Amazon reported a 32% jump in profits to $108m (£64m) in the first quarter of 2014.
  • Scottish independence: Ed Miliband makes case for Union

    Scottish independence would leave working people north and south of the border worse off, Ed Miliband has claimed.
  • Human skin grown in lab 'can replace animal testing'

    Skin grown in the laboratory can replace animals in drug and cosmetics testing, UK scientists say.
  • Barclays in $280m settlement with US regulators

    Barclays agreed to a $280m (£167m) settlement with the US Federal Housing and Finance Authority (FHFA).