High Tech Computer (HTC) reported that its revenues grew 19.7% on year to NT$9.09 billion (US$273.8 million) in April, although the amount was flat compared to March's level of NT$9.10 billion.
For the first months of this year, revenues edged up 3.43% on year to NT$32.69 billion, the company said in a May 7 filing with the Taiwan Stock Exchange (TSE).
Analysts at Taiwan-based securities houses estimated that HTC's revenues are expected to grow more than 15% sequentially in the second quarter due to the introduction of more own-brand handsets.
However, increasing sales of own-brand products also means more marketing expenditure, which may affect the company's profitability for the second quarter, the analysts warned.
Article translated by Steve Shen and edited by Eric Mah
