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HTC’s profits could increase by 52% in Q2 2014

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According to BNP Paribas, HTC’s poor run might not last long as it will reportedly record an increase of 52% in profits in Q2 2014 compared to the current quarter. It is said that new handsets like the upcoming HTC One and the Desire 816 will help the Taiwanese manufacturer get back on its feet and record substantially improved profits. These are mere predictions of course, so it’s very likely that those numbers could change.

But considering the demand we saw for the Desire 816 in China where it sold 50,000 units in just 10 minutes, we’re guessing HTC’s upcoming offering will receive a similar treatment.

The new HTC One is scheduled to launch next week immediately after its announcement, so it could have a major impact going into Q2. Of course, we won’t know how HTC has fared in Q2 until the end of June, but it should make an interesting reading.

The Taiwanese manufacturer is expected to release more devices in the coming months, focusing strictly on the midrange devices which have a massive demand in developing nations. HTC desperately needs this to stay afloat in the highly competitive mobile industry. There have been rumors across the internet about HTC making the next Nexus 10 tablet. We’re not sure how feasible that is, but it should be something to look forward to as well.

Source: China Post

Via: GSM Arena

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