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HTC reports 2013 second-quarter results
1.Date of occurrence of the event:2013/07/30
2.Company name: HTC Corporation
3.Relationship to the Company (please enter ”head office” or
4.Reciprocal shareholding ratios: N/A
5.Cause of occurrence:
HTC posted quarterly revenue of NT$70.7 billion, with gross margin of
23.2 % and operating margin of 1.5%. Net profit and EPS were NT$1.25
billion and NT$1.50, respectively.
“My leadership team continues to focus on execution,” said Peter Chou,
CEO of HTC. “We are seeing expected results as we fill the channels and
meet demand for the new HTC One. As we broaden our focus to include a new
member of the HTC One family, the recently announced One mini, we are
looking forward to delivering great products and results in 2H.”
HTC announced key appointments, including Jack Yang to president of South
Asia, Sirpa Ikola to senior director of marketing for South Asia, and
Lorain Wong to vice president of global PR.
As manufacturing ramped up, the US saw sequential growth in 2Q, as well as
expansion in retail channels. EMEA saw renewed strength in major Western
European markets and emerging countries.
Progress was observed across Asia. HTC gained market share in Taiwan,
showing an improved presence in Hong Kong and warm reception of its
products by consumers in Japan. In China, sales of HTC’s high-end models
improved, while competition at the mid-tier and affordable intensified.
In South Asia, the improvement of key operator relationships provides
optimism about the region.
7.Any other matters that need to be specified: None