HTC 3Q 2007 margins climb to 37.9% (Pocket PC Thoughts)
“High Tech Computer (HTC) saw its gross margin hit a record high of 37.9% in the third quarter of 2007 on an improved product mix and declining ODM business, according to company CFO Hui-ming Cheng. A higher than 30% on-year growth in non-ODM business and the launch of the HTC Touch and other PDA phones in the third quarter helped push up the gross margin, Cheng detailed. Looking forward, …
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