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HTC sees sales slowing in Q3, plans new phones for Q4

2013-07-30 09:57:00| Telecompaper Headlines

(Telecompaper) HTC has forecast a slowdown in sales in the third quarter, as it works on expanding its range of smartphones. The company expects quarterly revenue of TWD 50-60 billion, down from TWD 70.7 billion in the second quarter. The gross margin is estimated at 18-21 percent, versus 23.2 percent in Q2, and the operating margin at break-even to 8 percent, compared to 1.5 percent in the previous quarter. In a presentation on Q2 results, HTC said margins were under pressure from a relatively high cost structure, lack of scale and provisions to clear old inventory. The company said it's taking action and hopes to see improvement towards the end of the year. It saw some progress in sales in the latest quarter thanks to the launch of the HTC One, which helped improve its share of the "superphone" market in key areas such as China and western Europe. It's now working on expanding its range of mid-tier phones, with launches expected by Q4. HTC also announced a number of appointments, including Jack Yang to president of South Asia, Sirpa Ikola to senior director of marketing for South Asia and Lorain Wong to vice president of global PR.

Tags: sales plans phones sees

MediaTek to launch a 'true' 8-core chip in Q4

2013-07-25 15:24:33| InfoWorld: Top News

Smartphone and tablet chip vendor MediaTek has unveiled an octo-core processor it says can run all eight cores simultaneously when active. The Taiwan-based company plans to launch the chip in the fourth quarter, MediaTek spokeswoman Sharon Lo said Thursday.

Tags: true launch chip q4

J M Smucker reports 25% increase in Q4 net income

2013-06-10 10:00:00| Food Processing Technology

American food company J M Smucker has reported that its net earnings for the fourth quarter of 2013 increased by 25% to $130.3m, compared with $104.1m for the same quarter in 2012.

Tags: net increase reports income

just The Preview - Brown-Forman FY & Q4

2013-06-03 16:25:00| Daily beverage news and comment - from just-drinks.com

Brown-Forman will report its full-year and fourth-quarter results on Wednesday (5 June). Here, just-drinks takes a look at the highs and lows for the company in the year to the end of April and its performance in recent quarters.

Tags: preview q4 brownforman