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J.P. Morgan says HTC One production improving, shortages to end next month

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J.P. Morgan says HTC One production improving, shortages to end next month
HTC could produce 2 million HTC One units next month
According to brokerage firm J.P. Morgan, the production problems that delayed the launch of the flagship HTC One have dissipated over the last two weeks and shortages should end next month. Production of the phone should rise from just 300,000 units in March to 1.2 million this month and 2 million next month. This ramp up in production could increase HTC's revenues by 50% in the next quarterly report.

HTC had originally expected to ship about 4 million units of the HTC One last month, but lost 80% of that number due to problems with components for the camera. Instead of a global launch last month, the carrier limited its release to the U.K., Germany and Taiwan. In the U.S., Sprint and AT&T are expected to launch the phone on April 19th while a leaked planogram shows that T-Mobile will release the phone in select stores on April 24th.

source: GottaBeMobile

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