HTC saw its monthly revenue in May surpass NT$40 billion for the first time in the company’s history. Taiwan Economic News reports on Thursday that HTC’s May revenue came in at NT$40.6 billion, or US$1.6 billion, thanks to continued high demand for its smartphones. Revenue was up 115% compared to the same month last year, and up from NT$38.73 billion last month, which had also set a company record. The cell phone maker’s revenue now totals NT$183.5 billion (US$6.3 billion) through the first five months of 2011, up 145% compared to the same period in 2010. The trend is expected to continue, as analysts project HTC’s June revenue to climb 10% to NT$44 billion.

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Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.