HTC sees profitable 2014, confident in flagship phone readiness

BEIJING Mon Feb 10, 2014 2:40am EST

BEIJING Feb 10 (Reuters) - Taiwanese smartphone maker HTC Corp said it expects to make a profit in 2014 and predicted revenue will grow after a weak first quarter, boosted by a better showing from its flagship products.

Chief Financial Officer Chialin Chang told an analyst and investor briefing on Monday that the company will invest cash in developing the company, which has seen losses mount as its market share crumbled in the face of stiff competition from heavyweights Apple Inc and Samsung Electronics Co .

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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