HTC profits double with Android in tow; Buys S3

HTC profits double with Android in tow; Buys S3

Summary: Taiwan-based HTC is still rocking the Android theme song and reports its net profits have doubled in the second quarter.

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TOPICS: HTC, Android, Google
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Taiwan-based HTC is still rocking to the Android beat and reports its net profits have doubled in the second quarter. The company reported profit of over $600 million which is nearly double the results for the same time last year. HTC is the number 5 smartphone maker globally, and while it has some Windows Phone products the lion's share run the Android OS.

HTC has long set about making its brand stand out in the crowded world of Android phone makers. It's "Quietly brilliant" campaign has gone a long way to make its brand recognizable in a world where many consumers refer to all Android phones as "Droids".

The company has also announced its intention to buy graphics company S3 from Via for $300 million. No detailed plans have been given for its intentions behind the purchase, but the impressive IP portfolio probably factors into the deal in today's litigious climate.

Topics: HTC, Android, Google

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4 comments
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  • RE: HTC profits double with Android in tow; Buys S3

    I love HTC best phone maker out there. Kills the iphone phone in looks and function. Add android to it htc can't be touched.
    Fletchguy
    • RE: HTC profits double with Android in tow; Buys S3

      @Fletchguy HTC is awesome. I have any EVO and its the best phone I've ever had by far.
      Jimster480
  • RE: HTC profits double with Android in tow; Buys S3

    i've hot the HTC desire HD and this phone rocks. Beats the iPhone4 any day
    ajit.malangi@...
  • integrating graphics into the phone...

    of course that's the more obvious reason for buying S3 from Via... nVidia, AMD, and Intel are all looking at making SoC packages which include the 'discrete' level graphics power, so... if HTC owned its own graphics chips, they could include this same graphics power into their products.

    The litigious environment could be one reason, yes, but the patents of a GRAPHICS company are less applicable to the CELLPHONE market, unless you're looking at how things are rendered/drawn...

    HTC is probably just trying to give itself an advantage in the competitive market, having some feature that allows them better quality and/or cheaper costs.
    shryko