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HTC Riding Android Wave

Thanks largely to the popularity of Google's Android operating system, HTC just posted a 63% gain in revenues for the second quarter, year-over-year. "HTC is the largest producer of Android phones globally, and these results speak loudly to the success of the platform in the smartphone space," writes GigaOm's jkOnTheRun blog. The Taiwanese smartphone maker produces many of the top Android phones, including the EVO 4G, Droid Incredible and the Nexus One.

"The company also produces Windows Mobile phones, but the Android side of the business no doubt accounts for the lion's share of these results." According to AdMob's May 2010 survey, HTC Dream, HTC Hero and HTC Magic were amongst the top ten smartphones accessing the AdMob ad network in May 2010. The revenue numbers for June show HTC hitting a healthy $741 million in revenue. Google recently reported a 60% increase in daily Android phone activations in the month of June, of which a major portion would be HTC phones.

Read the whole story at jkOnTheRun »

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