HTC Hopeful For 2010

Taiwanese handset manufacturer HTC has released its financial expectations for Q110 and the rest of 2010. The company, which is the fourth ranked smartphone supplier in the world, is expecting demand for its smartphones to rise, leading to a boost in revenues. This forecast agrees with a general sentiment expressed by industry players and observers alike that smartphone demand will rise throughout 2010. However, there is a general expectation of squeezed profit margins.

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