HTC triples first quarter profit on the back of huge Android sales
HTC today released its first-quarter financials, revealing profits that almost tripled from a year earlier, helped by strong demand for its smartphone handsets running the Android operating system. The smartphone maker posted profits of NT$14.83 billion up from NT$5.00 billion a year previous, amassing NT$104.16 billion from NT$37.95 billion – exceeding forecasts – although the company has not commented on its performance. Overtaking Nokia in terms of market capitalization, HTC saw share prices rise 5....