HTC, the Taiwanese smartphone maker that has emerged as a major rival to Apple's iPhone, saw net profits rise 160% during the October to December quarter compared with a year earlier. HTC was the first smartphone maker to use Google's Android operating system. Net profits rose to New Taiwan dollars 14.59bn ($500m; £315m) on the back of NT$104bn sales. The company sold 24.6 million phones last year, more than double the 2009 figure. |
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