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Renew 2015 2Q financial forecast (simplified version)
2.Type of financial forecast: Simplified
3.Date of board of directors resolution: 2015/06/05
4.Date of preparation, correction, or updating of the financial
5.Reason for preparation of the financial forecast: Voluntary Announcement
6.Reason for the correction or update and monetary amount affected:
The original 2Q 2015 financial forecast released on Apr 28th 2015 was estimated based on certain assumptions and market conditions. Due to the recent demand slowdown of high-end Android devices and the lower than expected performance in the Chinese market, HTC sees material changes of these assumptions. According to the regulations, HTC is required to update financial forecasts and to release as below:
Updated Revenues forecast for 2Q 2015 is lower than the original forecast by NT$13,000,000 thousands ~ NT$15,000,000 thousands, Gross Profit lowered by NT$4,310,000 thousands ~ NT$4,965,000 thousands, Operating Expenses increased by NT$500,000 thousands ~ NT$1,000,000 thousands, Operating Profit lowered by NT$5,310,000 thousands ~ NT$5,465,000 thousands, Profit before Income Tax lowered by NT$8,210,000 thousands ~ NT$8,365,000 thousands, Comprehensive Income lowered by NT$8,230,000 thousands ~ NT$8,585,000 thousands, and Earnings Per Share lowered by NT$10.00 ~ NT10.04.
7.Any other matters that need to be specified: N/A
The matters set forth are forward looking statements that are subject
to risks and uncertainties that could cause actual results to differ
materially. Details should also be referred to the “Summary of
Accounting Policy and Basic Assumptions”.