CONNECTING:The smartphone maker said it is optimistic about the market in India and that it is open to the possibility of seeking a local assembly partner in the nation

Taipei Times
Date:  Apr 29, 2015
By: Lauly Li  /  Staff reporter

Smartphone maker HTC Corp (宏達電) yesterday gave a lower-than-expected sales forecast of between NT$46 billion and NT$51 billion (US$1.49 billion and US$1.6 billion) for this quarter despite the launch of the firm’s flagship model One M9 last month.

The forecast represents quarterly growth of between 10.78 percent and 22.83 percent from last quarter’s NT$41.52 billion, which is lower than the market consensus estimate of 50 percent quarterly growth.     [FULL  STORY]