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HTC records record revenue

We pretty much new HTC was a major contender in the smartphone industry and now, they've got the revenue numbers to prove it.

HTC's revenues for April 2010 is being reported as NT$18.01 Billion ($571.9 million US Dollars), bringing revenue for 2010 up to NT$55.71 Billion (or $1.75 Billion US Dollars) for the year.  The 57.93% increase on the year is a record for the Taiwan-based company and puts them on an easy pace to top its second quarter revenue projection of NT$50 Billion.

HTC's success is being attributed to the company's aggressive marketing of new devices running both Windows Mobile and Android.

While life is good over at HTC, challenges are on the horizon. New phones are due to be released later this year from competing manufacturers such as Apple and RIM.  Plus there is still questions on when HTC will have a device to add to the Windows Phone 7 lineup. Speaking of Apple, HTC still has that pesky patent lawsuit lurking in the shadows.

Regardless of all the hurdles HTC is facing, if the success of the HTC HD2 is any indication on what the future will bring, things should stay brilliant for some time to come.

[read: Digitimes.com]

George is the Reviews Editor at Windows Central, concentrating on Windows 10 PC and Mobile apps. He's been a supporter of the platform since the days of Windows CE and uses his current Windows 10 Mobile phone daily to keep up with life and enjoy a game during down time.

3 Comments
  • so, i sure wish i relocated to seattle and took that marketing job at htc in early 06. oh well!
  • Hmmm... Maybe George read a different Digitimes analysis than I did. Digitimes didn't attribute HTC success, no quarrel about that, to "the company's aggressive marketing" but to a very aggressive and smart launch schedule. Most of those launches have been Android phones on multiple carriers. Over the time period quoted Google's market share has almost doubled and HTC is riding that wave. There's obliviously a wish here that at least some of HTC's growth can be attributed to Windows Mobile, but since WM's market share continues to decline, that's a big wish. Of course, we can't tell from HTC's numbers directly, they don't break out the numbers by OS.
  • Very nice logo, i love this. Now new phones are coming with more and more facilities. So competition are increasing day by day. I am sure EVO 4G is gonna take them to a whole new level. With the Droid Incredible now fully available and the Evo 4G on deck, there's really no stopping HTC.