Vinstras for HTC - Helsingborgs Dagblad

class=”key”> Taipei Published July 5, 2013, at. 10:13 Updated July 5, 2013, at. 10:15

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Taiwanese HTC fell short of expectations with second-quarter earnings, which were far below the level in the corresponding period last year.

company, which manufactures smartphones, reported a net profit of 1.25 billion Taiwan dollars (about 280 million) for the second quarter. That compares with profit of 7.4 billion Taiwan dollars the same period in 2012.

Analysts had on average expected a profit of more than 2.0 billion Taiwan dollars.

June sales plummeted by 26 percent, according to HTC.

TT

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Vinstras for HTC

Taipei Taiwanese HTC fell short of expectations with second-quarter earnings, which were far below the level in the corresponding period last year.