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

Inside Kitesurf, Cloudflare’s Browser Built for AI Agents

Who Is Jeff Dean? The Google Engineer Who Helped Build Modern AI

Discarded SpaceX rocket slams into moon at 5,400 mph