Friday, February 5, 2010

HTC and LG optimistic to face 2010 Challenges

After the recession period in 2009 where the Taiwanese mobile company faced a lot of competition for its earlier Android monopoly is expecting 2010 to be quite profitable for themselves. It is positively expecting a 7% rise in their quarterly revenue which is going to be higher than the TWD31.6bn that was recorded a year ago.

UBS analyst Arthur Hsieh was of the opinion that the margins that HTC has kept are quite less but they will have to agree to that because if they will want to aim at the mass market then the prices will decrease. Year-on-year the profits of HTC kept falling down and this made a drastic change in their revenue. This was happening only because they were spending a lot of time and money on the marketing and promoting of their windows based mobile phones and android phones in the heavy US and UK smart phone markets.

The Google Nexus One has brought HTC in the light too; this will make HTC’s latest phones Bravo and the HD2 of Android and WinMo technology well known in the same market.
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Related links:
Virgin Mobile to introduce broader range of Samsung & HTC devices

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