Smartphone vendor HTC has forecast consolidated revenue of NT$50-60 billion (US$1.7-2.0 billion), gross margin of 21-23% and net operating margin of 0.5-1.0% for its business operation in the first quarter of 2013.

HTC will make efforts to maintain its global market status for high-end smartphones while launch entry-level and mid-range models to cater customers switching from feature phones to smartphones for the first time in emerging markets.

As China has become the world's largest smartphone market, HTC will strengthen partnership with mobile telecom carriers and expand its retail chain there. Due to intensive competition, smartphones available in the China market are of shorter product life than in other market.

HTC has launched smartphones for sale at CNY1,999 (US$321) in the China market and will launch models priced at CNY1,000-2,000.

By: DocMemory
Copyright © 2023 CST, Inc. All Rights Reserved