High Tech Computer Corp (HTC, 宏達電), the world's top maker of Microsoft Windows-based smartphones, said yesterday that the third quarter would be a better period for the company, aided by sales of its much-anticipated new Touch series.
HTC plans to ship the latest member of its Touch family — HTC Touch Diamond — later this month to customers in Europe and in Asia after a debut of the 3.5-generation phone with telecom operator Orange last week in Europe, where the biggest portion of its revenues is generated.
“I have confidence in Diamond overall ... We should do well in the second quarter, and the third quarter will be even better,” HTC chief executive Peter Chou (周永明) told reporters yesterday.
PHOTO: WANG YI-HUNG, TAIPEI TIMES
Asked about the reason for his confidence, Chou answered by waving the Diamond phone in his hand and said: “We have received strong feedback from our customers.”
HTC’s new Touch series will compete with Apple Inc’s next-generation iPhone as speculation mounts that the US maker would announce a major upgrade to the device at its Worldwide Developers Conference in San Francisco next month.
HTC expects to sell more than 3 million Diamond phones this year in cooperation with mobile carriers and retail channels, Chou said.
“I believe Diamond will contribute largely to our finances. I’m optimistic about it,” Chou said.
HTC told investors late last month that revenues would expand more than 20 percent to approximately NT$34 billion during the April to June period from NT$27 billion a year ago, helped by sales of the new smartphone. The uptake of the new phone would impact on revenue growth, HTC said at the time.
HTC plans to sell the new Touch series in more than 30 countries around the world.
At home, HTC will work with the nation’s biggest telecom carrier, Chunghwa Telecom Co (中華電信), to sell the phone bundled with a new number late next month. Chunghwa Telecom has sold more than 200,000 HTC Touch smartphones.
The HTC Touch Diamond features high-speed 3.5G Internet connection, built-in YouTube for users to download videos and a 2.8-inch touch screen.
Separately, HTC said the cooperation with Internet search giant Google Inc was on track and it planned to launch one mobile phone running the Android mobile operating system by the end of the year.
HTC also plans to develop phones that support high-speed WiMAC (Worldwide Interoperability for Microwave Access) or next-generation Long-Term Evolution Internet connection, the company said.
HTC shares rose 0.24 percent, or NT$2, to NT$847 yesterday, underperforming the benchmark TAIEX, which rose 1.81 percent.
With an approval rating of just two percent, Peruvian President Dina Boluarte might be the world’s most unpopular leader, according to pollsters. Protests greeted her rise to power 29 months ago, and have marked her entire term — joined by assorted scandals, investigations, controversies and a surge in gang violence. The 63-year-old is the target of a dozen probes, including for her alleged failure to declare gifts of luxury jewels and watches, a scandal inevitably dubbed “Rolexgate.” She is also under the microscope for a two-week undeclared absence for nose surgery — which she insists was medical, not cosmetic — and is
CAUTIOUS RECOVERY: While the manufacturing sector returned to growth amid the US-China trade truce, firms remain wary as uncertainty clouds the outlook, the CIER said The local manufacturing sector returned to expansion last month, as the official purchasing managers’ index (PMI) rose 2.1 points to 51.0, driven by a temporary easing in US-China trade tensions, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The PMI gauges the health of the manufacturing industry, with readings above 50 indicating expansion and those below 50 signaling contraction. “Firms are not as pessimistic as they were in April, but they remain far from optimistic,” CIER president Lien Hsien-ming (連賢明) said at a news conference. The full impact of US tariff decisions is unlikely to become clear until later this month
GROWING CONCERN: Some senior Trump administration officials opposed the UAE expansion over fears that another TSMC project could jeopardize its US investment Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is evaluating building an advanced production facility in the United Arab Emirates (UAE) and has discussed the possibility with officials in US President Donald Trump’s administration, people familiar with the matter said, in a potentially major bet on the Middle East that would only come to fruition with Washington’s approval. The company has had multiple meetings in the past few months with US Special Envoy to the Middle East Steve Witkoff and officials from MGX, an influential investment vehicle overseen by the UAE president’s brother, the people said. The conversations are a continuation of talks that
CHIP DUTIES: TSMC said it voiced its concerns to Washington about tariffs, telling the US commerce department that it wants ‘fair treatment’ to protect its competitiveness Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reiterated robust business prospects for this year as strong artificial intelligence (AI) chip demand from Nvidia Corp and other customers would absorb the impacts of US tariffs. “The impact of tariffs would be indirect, as the custom tax is the importers’ responsibility, not the exporters,” TSMC chairman and chief executive officer C.C. Wei (魏哲家) said at the chipmaker’s annual shareholders’ meeting in Hsinchu City. TSMC’s business could be affected if people become reluctant to buy electronics due to inflated prices, Wei said. In addition, the chipmaker has voiced its concern to the US Department of Commerce