Exclusive outtakes from industry leaders
HTC first to make Google’s Android phone?
High Tech Computer Corp, the world’s top smartphone maker, said it might be the first company to produce phones based on Google’s mobile software platform Android.
“We’re still working on this new product and can’t say much. We’ll have the product by the end of this year. We should probably be the first from what efforts we’re putting in,” Chief Executive Peter Chou said at the Reuters Global Technology, Media and Telecoms Summit in Tokyo.
Android phones, using a Linux-based open source operating system, will allow users to tweak and customise their own user interface, differing from traditional Windows or Symbian based handsets.
HTC, the world’s top smartphone maker, has in the last two years transformed itself from a pure contract manufacturer to a branded mobile phone company, and is betting on its newly launched Diamond smartphone to boost sales.
In India and China, where the mobile phone industry is growing at a scorching pace, the company is aiming for a growth of 100 percent and about 70 percent, respectively, this year.
When asked to pick an undervalued stock, he thought for a while and then said HTC.
“There are a lot of companies in the world. I’m so focused single-mindedly on HTC. I think the HTC stock is undervalued.” he said.