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Taiwan's HTC sees double-digit rev growth in 2009

Fri Nov 21, 2008 2:55am EST

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TAIPEI, Nov 21 (Reuters) - Taiwan smartphone maker HTC Corp (2498.TW) said on Friday it expects its revenue to grow by a double-digit percentage next year amid the rising popularity of feature-jammed mobile phones.

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Chief Executive Peter Chou gave the forecast on the sidelines of an event, and after the Taipei stock market closed on Friday, when HTC shares jumped 5.7 percent. That outpaced the main TAIEX's 2 percent rise.

Analysts were expecting the company's revenue to grow 18 percent to T$180 billion ($5.4 billion) in 2009, according to Reuters Estimates.

(Reporting by Kelvin Soh, Editing by Jonathan Hopfner)

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