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Wireless

HTC sees Q1 results flat to lower

Monday 4 February 2013 | 08:57 CET | News
HTC expects little improvement in its results in the first quarter. In a presentation of its fourth-quarter results, the smartphone maker forecast revenue flat to lower on a quarterly basis in the first three months of 2013, at TWD 50-60 billion. The gross margin is estimated at 21-23 percent, versus 23 percent in Q4, and the operating margin is expected to drop to 0.5-1.0 percent, from 1.0 percent in the previous quarter.

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Categories: Mobile & Wireless
Companies: HTC
Countries: World
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