HTC To Ship 60 Million Handsets In 2011 [FORECAST]

DigiTimes is reporting that HTC Corporation (TPE:2498) informed their suppliers that they will need enough parts and components to produce around 60 million handsets for the next year. This is 3 times higher than the 20 million units they projected for 2010. HTC execs revealed the numbers at a summer with over 200 execs from 100 suppliers. If that does not imply we are going to see a surge in smartphone growth in the coming year, I don’t know what does. [DigiTimes]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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