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Technology Stocks : HTC Corporation
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From: Lahcim Leinad7/29/2011 7:37:56 AM
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Taiwan's HTC sees revenue growth slowing in Q3

Excerpt:

Taiwan smartphone maker HTC Corp said on Friday it expects revenue and shipment growth in the third quarter to slow for the first time in four quarters.

The world's No.5 smartphone maker said demand was faltering and competition from rivals such as Apple Inc and Samsung Electronics led it to forecast its gross margin and operating margin would weaken in the third quarter.

reuters.com

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