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View Full Version : HTC Lowers Expectations In 2009


Darius Wey
01-19-2009, 11:17 PM
<div class='os_post_top_link'><a href='http://www.digitimes.com/news/a20090119PB203.html' target='_blank'>http://www.digitimes.com/news/a20090119PB203.html</a><br /><br /></div><p><em>"High Tech Computer (HTC) has lowered its guidance for revenue growth in 2009 amid the global economic slowdown, according to a Chinese-language Commercial Times report. The paper quoted HTC CEO Peter Chou as saying that the company expects its revenues to grow at a double-digit rate in 2009, compared to a robust 20% growth Chou projected in a conference call last October."</em></p><p><img src="http://images.thoughtsmedia.com//ppct/auto/1232402900.usr2.gif" /></p><p>This just goes to show that not even the venerable are immune from tough economic conditions; although, double-digit rate of growth is still solid, considering many other major companies have experienced losses in the past half year, and are expecting further losses in the year ahead.</p>