HTC Corp. - Smartphones und Tablets,AktienRückkauf
By Weiyi Lim and Mark Lee - Jul 7, 2011 8:05 AM GMT+0200
HTC Corp. (2498), Asia’s second-largest maker of smartphones, fell the most in three weeks in Taipei trading after Citigroup Inc. cut the stock’s rating citing corporate governance concerns over the company’s planned purchase of S3 Graphics Co.
The stock fell 6.9 percent to NT$1,020 at the 1:30 p.m. close in Taipei, the stock’s biggest drop since June 15. Taipei’s benchmark Taiex index fell 0.6 percent.
Citigroup cut its recommendation on HTC shares to “sell” as analyst Kevin Chang questioned the planned takeover of S3 Graphics, part-owned by HTC Chairwoman Cher Wang. HTC, which is defending infringement lawsuits filed by rival Apple Inc. (AAPL), could have licensed patents from S3 Graphics without a purchase, Chang wrote.
Wang’s partial ownership of S3 Graphics raises “the question of conflict of interest,” Chang, who previously recommended buying HTC shares, wrote in a report today. If HTC had licensed the patents instead of making the acquisition, “concerns of corporate governance” could have been alleviated.
Chang also lowered his estimates for HTC’s sales this year and in 2012, citing a slower growth rate in global smartphone demand and increased competition.
‘Related Parties’
“This is a transaction involving related parties, but it’s certainly not the case that we could never have these types of transactions,” HTC Chief Financial Officer Winston Yung said in a phone interview today. The valuation of the S3 Graphics deal was assessed independently and the transaction is “transparent,” Yung said.
HTC will pay $300 million in cash for Fremont, California- based S3 Graphics to VIA Technologies Inc. (2388), which has a 12.5 percent stake, and WTI Investment International Ltd., a holding company controlled by VIA and HTC’s Wang.
VIA rose 3.4 percent to close at NT$36.90.
S3 Graphics, a provider of image-compression technology used in Nintendo Co.’s Wii and Sony Corp.’s PlayStation game machines, was unprofitable last year and has a negative book value of about $9 million, Yung said yesterday. HTC will acquire 235 patents, mostly related to graphics technology.
Patent Portfolio
The main purpose of the S3 Graphics acquisition is to bolster HTC’s holdings of patents, Yung said.
S3 Graphics, which VIA acquired in 2002, won a ruling this month by a U.S. International Trade Commission judge, who determined that Apple violated two of its patents. The findings are subject to review by the six-member commission, which can block imports of products that infringe on U.S. patents.
Apple filed a suit against HTC in a Delaware district court in June last year, adding to an earlier complaint against the company. The Cupertino, California-based company also asked the U.S. International Trade Commission in March 2010 to block imports of HTC phones, alleging infringement of patents related to the implementation of operating systems.
HTC denied the charges and fired back with its own lawsuits.
Wenn die morgen wieder im Minus schließen, drücke ich auf den Verkaufsknopf.
Die Aktie macht keinen Spaß mehr.
Ungeachtet dessen bleibt das Wachstum, das Bestreben nach Sicherheit und Unabhängigkeit und sie haben mit den Betriebssystemen auf das richtige Pferd gesetzt.
Persönlich bin ich entspannt und lasse HTC und die Zeit für mich arbeiten...lasst uns mal im Herbst den Kurs sehen...
Viel Erfolg
Nächstes Jahr greift auch Nokia noch mal an, deren Aktie sollte man im Visier behalten, ist derzeit ja super günstig - aber noch zu früh, zum einsteigen.
.. damit hätte ich jetzt nicht wirklich gerechnet, aber vllt ist das nur eine gesunde Konsolidierung. Wer davon überzeugt ist, dass HTC auch weiterhin Samsung und Apple qualitativ ausstechen wird, könnte jetzt investieren.
Ich bin davon zu 100% überzeugt, allerdings würde ich hier nichts ohne eine Bodenbildung abzuwarten veranstalten.. Aktie ist ab jetzt auf meiner Watchlist.
Schwierig!! sehn wir die (fast gewohnten) 100 Euro bald wieder oder gehts eher richtung süden?
Die Aktie macht wirklich keinen Spaß mehr. Wenn Apple vor Gericht siegt geht die Reise direkt in Richtung 50€.
Das heißt übersetzt, dass sie die Aktien BIS ZUM 17. September zurückgekauft haben wollen, Also irgengwann in den nächsten 2 Monaten. Aber wenns demnächst wieder richterlich zu Gunsten HTC/Android geht, gehen die Aktien wieder hoch, also immer schön Nachrichten lesen :-)
http://derstandard.at/1310511578053/...HTC-nicht-gegen-Apple-verliert
Ich glaube ich werde schnell nachkaufen.
Bitte mehr von den grünen Zahlen.
http://www.bloomberg.com/apps/quote?ticker=2498:TT
aber hängen die Patentprobleme denn wirklich von der OS Platform Androids ab? Dann würden Samsung, LG, Sony, ZTE, Huawei usw. doch die gleichen Anklagen bekommen.
Hier sieht man die Sitation schön grafisch dargestellt:
http://android.appstorm.net/general/android-death-by-lawsuit/
HTC investors likely to talk suits, sales: Experts | |
With HTC Corp. set to hold its quarterly investors conference this Friday, participants are expected to put their focus on the firm's sales prospects for the third quarter and its litigation with Apple, experts said. HTC recently announced its second-quarter consolidated sales of NT$124.398 billion (S$5.2 billion), a quarter-on-quarter increase of 19.4 per cent and year-on-year increase of 104.06 per cent. For the first half, the firm had combined revenue of NT$228.555 billion, a rise of 131.08 per cent from the same period last year. Net profit for the period totaled NT$32.35 billion, a rise of 137.22 per cent year-on-year and translating into earnings per share of NT$38.12, based on the firm's market capitalisation after its ex-dividend. According to SinoPac Securities, HTC shipments are expected to hit 13.5 million in the third quarter and 16.3 million in the fourth. The firm should be able to hit its shipment target of 50 million for 2011, SinoPac said, adding the firm's continued growth will hinge on business generated in the Asia Pacific region. Royal Bank of Scotland said HTC's estimated sales growth of five per cent for the third quarter may be less than satisfactory, yet for long-term investors, they should take comfort in the fact the firm is expected to ship out 80 million phones next year and post sales growth of 37 per cent. Another topic of interest to investors will be the ongoing litigation between HTC and Apple, which has achieved the first round of victory after the US International Trade Commission (ITC) gave an initial ruling that HTC has infringed on two of Apple's patents. While the lawsuit targets HTC, analysts have said that it is a battle between Apple and Google, whose Android operating system is found in handsets made by a variety of manufacturers including Motorola, Samsung, and Sony Ericsson. Google has already thrown its support behind HTC and has expressed its willingness to split the bill with manufacturers, which may have to pay royalties to Apple. It's likely this will be HTC's first investors conference without its "stock king" title, which it had clinched to for quite sometime. HTC, which closed at NT$922 Friday, lost its most expensive stock status earlier this month to Largan, whose share price closed at NT$981. |
http://business.asiaone.com/Business/News/Story/A1Story20110725-290891.html
http://www.bgr.com/2011/07/29/...p-104-12-1-million-handsets-shipped/
HTC posts stellar quarter; revenues up 104%, 12.1 million handsets shipped
HTC posted impressive second-quarter results on Friday noting that its revenues of NT$12.4 billion ($4.3 billion) were up 104% year-over-year and up 19% over the first quarter. The Taiwanese phone maker’s shipment total of 12.1 million devices during the quarter was up 24% year-over-year and 25% quarter-over-quarter. The company also noted that it shipped a total of 21.8 million devices during the first half of the year, a big jump from the 8.7 million it shipped during the first half of 2010. HTC noted that much of its growth came from the Americas, Europe and Asia. The average selling price of an HTC smartphone is currently $349, down from the average price of $359 last quarter thanks to new entry-level handsets. HTC expects its third quarter revenue to jump 10% quarter-over-quarter and 90% year-over-year, and plans to sell “around” 13.5 million handsets. Read on for a link to the PDF of HTC’s second quarter results.
http://www.mzcan.com/taiwan/2498/events/138/EN/...siness%20Review.pdf