TCL Communication Technology reported sales for the first half of 2011 up 33 percent from a year earlier to HKD 4.60 billion. Gross profit rose 40 percent to HKD 1.01 billion, and net profit was up 56 percent to HKD 391 million. The maker of Alcatel-brand phones increased its interim dividend to HKD 0.138 per share from HKD 0.08. Device shipments rose 37 percent year-on-year to 19.5 million units, helped by its new entry-level Android smartphones and expansion in new markets such as Brazil and southern Africa. The group reiterated its target for shipments over the full year to rise 39 percent to 50 million units. TCL plans to launch 51 new models in H2, including 3G Android smartphones and tablets to strengthen its penetration in both low-end and mid- to high-end markets
