HTC is certainly not bashful about their quarterly or yearly sales predictions. 2010 was the company’s best year to date, but HTC has declared that they expect to double their sales figures in 2011. Currently, HTC is ranked fifth on the list of the world’s larges smartphone makers with 9.3% market share, but HTC is looking to step things up within the next two year with plans to capture the number three spot.
“We aim to be the top 3 handset provider in every country within two years,” – Jack Tong, president, HTC North Asia
HTC’s brand recognition has grown significantly over the past few years, but HTC may be looking to leapfrog the competition with an acquisition as opposed to natural organic growth. This years acquisition of Saffron Digital for $48.6 million and their $40 million investments in OnLive Inc has helped HTC expand their portfolio and ability to provide digital media and gaming to their customers, but HTC may have acquisition plans which would help them expand their manufacturing and distribution reach.
Source: Total Telecom
