HTC Mega to hit $300 price point unlocked

MegaHTC is expected to grow its shipments  by 19% in Q4 09 on the strength of cheap mid-range devices like the HTC Mega, according to a Chinese-language Economic Daily News (EDN) report citing data from Merrill Lynch.

HTC should however expect weak European demand for high-end smartphones such as the Touch Diamond 2, HTC Hero and HTC Magic, according to Merrill Lynch analyst Laura Chen.

Due to the lower cost of these new generation of smartphones HTC will only see a corresponding 11% life in revenue from this market segment.


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