Email

Technology: Smartphone maker HTC shares soar on second quarter net profit

Customers look at HTC smartphones in a mobile phone shop in Taipei July 30, 2013. REUTERS/Pichi Chuang

(Reuters) – Shares of HTC opened up 4.7 percent on Friday after the struggling smartphone maker posted a quarterly net profit that slightly beat analysts’ forecasts.

Customers look at HTC smartphones in a mobile phone shop in Taipei July 30, 2013. REUTERS/Pichi Chuang

HTC shares rose to T$144 at the opening bell, while the broader market was flat.

(Reporting by Faith Hung; Editing by Paul Tait)

Related posts

Elon Musk’s new job will bring tech ‘disruption’ to the US government – and history says it won’t be pretty

Common challenges with hydraulic fluid power systems

AI feels like an unstoppable force. But it is not a panacea for businesses or society