HTC Corp (宏達電), which made the world’s first handset running the Android system supported by Google Inc, expects shipments of its second Android phone — HTC Magic — to hit 1 million units in the next month or two, a company executive said yesterday.
Although the global recession is taking a toll on sales of mobile phones and other electronics, HTC chief executive officer Peter Chou (周永明) said “the sales of HTC Magic look good.”
Shipments of HTC Magic may reach 1 million units “within one or two months,” Chou said.
That would be three or four months after the Android-powered mobile phones first went on sale in Europe, along with telecom operator Vodafone’s services.
“The progress is better than most analysts’ expectations as some thought it would take at least five months for HTC to sell 1 million HTC Magic phones,” said Lu Chia-lin (呂家霖), an analyst with Macquarie Research.
Giving a brief outlook about the company’s business in the second half of the year, Chou said sales in the US would be strong as it has formed stronger partnerships in the US.
Lu expects HTC revenues to grow 15 percent next quarter, from NT$39 billion (US$1.2 billion) estimated for the second quarter, as the smartphone maker has won new orders from US customers, including the US’ biggest telecom operator, AT&T Inc, as well as Sprint and T-Mobile USA Inc.
Starting next month, HTC is expected to supply a new Android-based phone to T-Mobile, which introduced its first Android mobile phone, G1, made by HTC, last year.
T-Mobile is set to give details of a new Android-based phone on June 24, Bloomberg news wire reported yesterday.
HTC and Chunghwa Telecom Co (中華電信) launched the HTC Magic in Taiwan yesterday, making Chunghwa Telecom the first local phone company to sell Android phones.
HTC Magic will be available on Monday for a price ranging from free to NT$9,300 per unit when bundled with Chunghwa Telecom’s services with fees ranging from NT$649 to NT$2,549 per month.
Separately, Chunghwa Telecom said it planned to purchase 2 million mobile phones this year for new subscribers, or for existing customers to replace old phones, down nearly 10 percent from an original estimate of 2.2 million units.
HTC shares rose 0.36 percent to NT$416.5 yesterday, outperforming the benchmark TAIEX, which lost 0.83 percent.
Nvidia Corp chief executive officer Jensen Huang (黃仁勳) on Monday introduced the company’s latest supercomputer platform, featuring six new chips made by Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), saying that it is now “in full production.” “If Vera Rubin is going to be in time for this year, it must be in production by now, and so, today I can tell you that Vera Rubin is in full production,” Huang said during his keynote speech at CES in Las Vegas. The rollout of six concurrent chips for Vera Rubin — the company’s next-generation artificial intelligence (AI) computing platform — marks a strategic
Shares in Taiwan closed at a new high yesterday, the first trading day of the new year, as contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) continued to break records amid an artificial intelligence (AI) boom, dealers said. The TAIEX closed up 386.21 points, or 1.33 percent, at 29,349.81, with turnover totaling NT$648.844 billion (US$20.65 billion). “Judging from a stronger Taiwan dollar against the US dollar, I think foreign institutional investors returned from the holidays and brought funds into the local market,” Concord Securities Co (康和證券) analyst Kerry Huang (黃志祺) said. “Foreign investors just rebuilt their positions with TSMC as their top target,
REVENUE PERFORMANCE: Cloud and network products, and electronic components saw strong increases, while smart consumer electronics and computing products fell Hon Hai Precision Industry Co (鴻海精密) yesterday posted 26.51 percent quarterly growth in revenue for last quarter to NT$2.6 trillion (US$82.44 billion), the strongest on record for the period and above expectations, but the company forecast a slight revenue dip this quarter due to seasonal factors. On an annual basis, revenue last quarter grew 22.07 percent, the company said. Analysts on average estimated about NT$2.4 trillion increase. Hon Hai, which assembles servers for Nvidia Corp and iPhones for Apple Inc, is expanding its capacity in the US, adding artificial intelligence (AI) server production in Wisconsin and Texas, where it operates established campuses. This
US President Donald Trump on Friday blocked US photonics firm HieFo Corp’s US$3 million acquisition of assets in New Jersey-based aerospace and defense specialist Emcore Corp, citing national security and China-related concerns. In an order released by the White House, Trump said HieFo was “controlled by a citizen of the People’s Republic of China” and that its 2024 acquisition of Emcore’s businesses led the US president to believe that it might “take action that threatens to impair the national security of the United States.” The order did not name the person or detail Trump’s concerns. “The Transaction is hereby prohibited,”