HTC Posts Triple-Digit Gains - Twice

HTC Posts Triple-Digit Gains

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Taoyuan, Taiwan - First-quarter revenues for smartphone maker HTC shot up 175 percent to NT$104.2 billion ($3.59 billion) compared with the year-ago period, with operating income and net income after taxes posting even higher percentage gains.

 Operating income rose 192 percent to NT$16.5 billion ($569.6 million), and net income after taxes rose 197 percent to NT$14.8 billion ($511.2 million.)

 U.S. dollar amounts are based on a currency conversion rate of $1 to NT$29.

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