Smartphone maker HTC shares soar on second quarter net profit

TAIPEI Fri Jul 4, 2014 3:01am EDT

Customers look at HTC smartphones in a mobile phone shop in Taipei July 30, 2013.  REUTERS/Pichi Chuang

Customers look at HTC smartphones in a mobile phone shop in Taipei July 30, 2013.

Credit: Reuters/Pichi Chuang

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TAIPEI (Reuters) - Shares of HTC opened up 4.7 percent on Friday after the struggling smartphone maker posted a quarterly net profit that slightly beat analysts' forecasts.

HTC shares rose to T$144 at the opening bell, while the broader market was flat.

(Reporting by Faith Hung; Editing by Paul Tait)

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