Taiwan smart phone maker HTC predicted a growth of 63.6% for its operating revenue in the second quarter, because of the robust market demand for HTC One.
The company believed that the figure will reach TWD 70 billion or USD 2.37 billion, in line with expectation by analysts of Thomson Reuters reaching TWD 69.9 billion. Gross margin will be 22% to 24%, higher than 20.3% recorded in the first quarter.
Daiwa Capital revealed that HTC One is among the top five most popular smart phones in the US. Some retailers even suffer from supply shortage in England, Germany and Taiwan.
However, Richard Ko from KGI Securities pointed out that the robust performance of HTC One is temporary. Hence, he holds a cautious attitude toward the outlook of HTC, saying that archrivals like Samsung will challenge the company, although HTC will experience rebounding shipment in the second quarter for its mobile phone products.
