After reporting sales of 13.2 million smartphones during the third quarter, HTC is now the fourth largest smartphone vendor after having outpaced Research In Motion, according to market research company Canalys.
A diverse product offering, expanded distribution network and growing global brand recognition resulted in HTC's highest-ever quarterly revenue at $4.5 billion for the period ending Sept. 30. That is a 79 percent improvement year-on-year, the company said in a statement on Monday.
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