Competition likely to hit HTC Q3 sales growth


TAIPEI: HTC Corp may not sustain sales growth into the third quarter as the glow around the Taiwanese smartphone maker’s flagship model is likely to be eclipsed by new products from bigger rivals Apple Inc and Samsung Electronics Co Ltd.

Strong sales of the latest version of the HTC One, as well as the colourful Butterfly range, boosted HTC’s second-quarter net profit surged to T$1.25bil (US$41.63mil) from a record low in the previous quarter when a shortage of camera components delayed its product launch.

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