HTC May revenues lower than expected; reduces 2Q12 sales guidance

Daniel Shen, Taipei; Steve Shen, DIGITIMES Asia Thursday 7 June 2012 0

HTC has reported lower than expected revenues of NT$30 billion (US$1 billion) for May, which represented a decline of 3.2% on month and 26.1% on year. HTC also lowered its sales guidance for the second quarter of 2012 to NT$91 billion, down 13.3% from...

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