
HTC revenues fall 37% in February

HTC reported revenues for February down 36.8 percent from a year earlier to TWD 20.3 billion. For the first two months of 2012, the smartphone maker recorded revenues down 45.0 percent to TWD 36.9 billion. HTC earlier forecast first-quarter revenues of TWD 65-70 billion, down from TWD 101.4 billion in Q4.
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