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HTC Q4 revenue at NT $60 bn

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V&D Bureau
New Update

HTC has posted 4Q revenue of NT$60 billion, with gross margin of 23 percent and operating margin of 1 percent. net profit and EPS were NT $1 billion and NT $1.21, respectively.

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"We continue to focus on the most important element of our business: innovation," said Peter Chou, CEO of HTC.

"Our teams are delivering beautifully designed phones, containing the newest technological advancements. Outstanding products, paired with improvements in our marketing execution and overall readiness give us reason to feel optimistic about the progress we will make in 2013," said Peter Chou.

Throughout the quarter, momentum was seen in the Japan and Taiwan markets, supported by strengthened brand preference and the launch of the lauded HTC Butterfly.

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US and China met expectations as we continue to optimize brand consideration and build strong local presence. EMEA showed sequential improvement in broader geographic locations.

South Asia's footprint expanded through the building of new distribution channels and introduction of customized midrange devices to meet market demands.

The company also announced outlook for the 1Q 2013: 1Q revenue is expected to be NT$50-60 billion, gross profit margin expected to be 21-23 percent, and operating margin expected to be 0.5-1 percent.

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