HTC Corp. closed another fantastic quarter with profits up $102.9% year over year and device shipments up 24.8% from the previous quarter and up 123.7% from the year-ago period. The Taiwanese manufacturer shipped 12.1 million devices total, generating $608.3 million in net income on $4.32 billion in revenue.
The company noted its fifth consecutive quarter of growth, no doubt spurred by its widening smartphone portfolio.
HTC expects to ship 13.5 million devices in the current third quarter.
HTC Corp. sells 12.1M devices, profits up nearly 103%
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What infra upgrades are needed to handle AI energy spikes?
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants