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HTC Q2: 66% revenue growth, 5.4 million units sold

Updated Dec 19th, 2018 6:45PM EST

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HTC posted their Q2 report card today, and it looks pretty darn good. The Taiwanese handset maker reported roughly $1.8 billion (USD) in revenues, which is up over 66% year-over-year. The company also sold 5.4 million handsets in Q2, up from 2.4 million in the year prior, beating their quarterly guidance. The company also had this in their Q2 corporate slides:

We have two production bases, one is located at Taoyuan, Taiwan, which current rate is up to 2mn unit per month in Taiwan and continue increasing; another factory is located at Shanghai, China, and we plan to increase our China capacity up to 1mn monthly run rate from 3Q10. Therefore, our total capacity can go up to more than 3mn per month from 4Q10.

Hopefully the increase in handset manufacturing will end the shortages we are seeing here in the U.S.Read

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