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HTC Posts Triple-Digit Q2 Sales Gain

7/07/2011 09:16:50 AM Eastern
Taoyuan, Taiwan - Smartphone maker HTC boosted sales by 104 percent in the second quarter to NT$124.4 billion ($4.32 billion).

That performance follows a first-quarter sales gain of 175 percent to NT$104.2 billion .

Unaudited second-quarter operating income was NT$19.2 billion ($667.9 million). Net income before tax was NT$20 billion ($693.1 million), and net income after tax was NT$17.5 billion ($608 million).

U.S. dollar amounts are based on a currency conversion rate of $1 to NT$28.8.

In the first quarter, operating income rose 192 percent, and net income after taxes rose 197 percent.
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