Bloomberg News

TAIWAN DAYBOOK: HTC Likely to Report Record Third-Quarter Profit

October 05, 2011

Oct. 6 (Bloomberg) -- HTC Corp. is likely to report record profit and sales for the third quarter as expansion in emerging markets such as China continues to drive demand.

Net income is likely to rise to NT$18.1 billion ($591 million), according to the average of 17 analysts’ estimates compiled by Bloomberg News. HTC will post the statement on its website at 3 p.m.

--Janet Ong. Editor: Stan James

To contact Bloomberg News staff for this story: Janet Ong in Taipei at jong3@bloomberg.net

To contact the editor responsible for this story: Joshua Fellman at jfellman@bloomberg.net


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