HTC - Press Releases - October 25, 2012
HTC Corporation third-quarter business review
DISCLAIMER STATEMENT
•This presentation and release contain “forward-looking statements” which may include projections of future results of operations, financial condition or business prospects based on our own information and other sources.•Our actual results of operations, financial condition or business prospects may differ from those expressed or implied in these forward-looking statements for a variety of reasons, including but not limited to market demand, price fluctuations, competition, international economic conditions, supply chain issues, exchange rate fluctuations and other risks and factors beyond our control.
•The forward-looking statements in this release reflect the current belief of HTC as of the date of this release. HTC undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such date.
EXECUTIVE SUMMARY
•3Q financial high
•Revenue was NT$70.2bn•Gross margin and operating margin were 25.0% and 7.0%, respectively•Net income was NT$3.9bn
•Revenue was NT$70.2bn•Gross margin and operating margin were 25.0% and 7.0%, respectively•Net income was NT$3.9bn
•Business update
•China remains a key growth driver, continuing to further increase local brand awareness, retail presence,and operator partnerships
•US was inline with expectation; flagship products were well-received•Japan had initial success with the HTC J; launched HTC J Butterfly to continue the momentum
•EMEA focused on enhancing brand consideration in both developed and emerging countries
•South Asia continued its efforts to build distribution channels and local presence
•China remains a key growth driver, continuing to further increase local brand awareness, retail presence,and operator partnerships
•US was inline with expectation; flagship products were well-received•Japan had initial success with the HTC J; launched HTC J Butterfly to continue the momentum
•EMEA focused on enhancing brand consideration in both developed and emerging countries
•South Asia continued its efforts to build distribution channels and local presence
•Investment recaps
•US$35 million strategic investment for 17% stake in Magnet Systems, the creator of a next-generationsoftware platform for mobile enterprise market
•Recognized a US$40 million investment impairment for OnLive
•US$35 million strategic investment for 17% stake in Magnet Systems, the creator of a next-generationsoftware platform for mobile enterprise market
•Recognized a US$40 million investment impairment for OnLive
•Recent new product launches
• HTC One X+, an enhanced version of the HTC One X, operates on the new HTC Sense 4+, with fasterspeed, longer battery life, and expanded internal storage
• HTC One SC/SU/ST, the well-sculpted dual-core 4.3”, is tailor-made for the Chinese market, with improved camera capabilities and Beats Audio
• Windows Phone 8X and 8S by HTC, considered the Windows Phone hero product by Microsoft, perfectly sculpted, three-dimensional pure uni-body design, and ultra-wide-angle front-facing camera
• HTC Desire X, an affordable smartphone with a dual-core 1GHz processor, features a 4” super LCD, state-of-the-art camera (including VideoPic and Continuous Shooting), and authentic sound
• HTC J Butterfly, introduced with KDDI, is the first quad-core smartphone, with 5” Full HD super LCD 3display (440ppi resolution), 9.1mn slim design and eye catching color
• HTC One X+, an enhanced version of the HTC One X, operates on the new HTC Sense 4+, with fasterspeed, longer battery life, and expanded internal storage
• HTC One SC/SU/ST, the well-sculpted dual-core 4.3”, is tailor-made for the Chinese market, with improved camera capabilities and Beats Audio
• Windows Phone 8X and 8S by HTC, considered the Windows Phone hero product by Microsoft, perfectly sculpted, three-dimensional pure uni-body design, and ultra-wide-angle front-facing camera
• HTC Desire X, an affordable smartphone with a dual-core 1GHz processor, features a 4” super LCD, state-of-the-art camera (including VideoPic and Continuous Shooting), and authentic sound
• HTC J Butterfly, introduced with KDDI, is the first quad-core smartphone, with 5” Full HD super LCD 3display (440ppi resolution), 9.1mn slim design and eye catching color
About HTC
Founded in 1997, HTC Corp. (HTC) is the creator of many award-winning mobile devices and industry firsts. By putting people at the center of everything it does, HTC pushes the boundaries of design and technology to create innovative and personal experiences for consumers around the globe. HTC's portfolio includes smartphones and tablets powered by HTC Sense®, a multilayered graphical user interface that vastly improves user experience. HTC is listed on the Taiwan Stock Exchange (TWSE: 2498). For more information, please visit www.htc.com.
Founded in 1997, HTC Corp. (HTC) is the creator of many award-winning mobile devices and industry firsts. By putting people at the center of everything it does, HTC pushes the boundaries of design and technology to create innovative and personal experiences for consumers around the globe. HTC's portfolio includes smartphones and tablets powered by HTC Sense®, a multilayered graphical user interface that vastly improves user experience. HTC is listed on the Taiwan Stock Exchange (TWSE: 2498). For more information, please visit www.htc.com.
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