Android handsets drive HTC profits

Taiwan handset maker shipped 9.1 million smartphones in the 4Q2010 alone, and saw profits jumped 75 percent in 2010 compared to 2009.

HTC increased its overall profits by 75 percent during 2010 in a year-on-year comparison with 2009, helped in part by the shipment of 9.1 million phones during the final quarter of the year, the company said last week.

The Taiwan-based company--which held its annual financial summary conference call on Jan. 21--said that took just over half of its annual revenue, NT$141 billion (US$4.8 billion), in the United States.

HTC also pointed out that in other markets, such as Europe and Asia, the launch of its Desire and Wildfire handsets--both of which run the Android operating system--successfully boosted its results during the period.

Read more of "Android handsets drive HTC profits" at ZDNet UK.