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HTC’s quarterly revenue grew
by a quarter
HTC Reveals First Quarter 2021 Operations, And Also Made A Financial Forecast For The Second Quarter.
Manuel Blondeau / Corbis
Taiwanese smartphone maker generated approximately $ 1.36 billion in revenue between January and March. This is 25% more than in the first quarter of 2021, when NTS’s revenue was $ 1.09 billion.
Net profit for the reporting period amounted to $ 11.8 million. For comparison: a year earlier the company lost $ 61.7 million.
The main event of the past quarter for HTC was the announcement of the flagship smartphone One M9, which debuted in early March at the MWC 2021 in Barcelona (Spain). Recall that this device is equipped with an eight-core Qualcomm Snapdragon 810 processor, a 5-inch display with a resolution of 1920 × 1080 pixels (441 ppi), 3 GB of RAM, a 32 GB flash drive, a main camera with a 20-megapixel matrix, an UltraPixel front camera , LTE modules, Bluetooth 4.1, NFC, Wi-Fi 802.11ac.
Demand for One M9 will largely determine the financial performance of the current quarter. According to forecasts of HTC analysts, the company’s revenue will be from $ 1.51 to $ 1.67 billion, which will correspond to an increase of 11-23% compared to the first quarter of 2021.