HTC said its sales for the second quarter of 2011 was TWD124.4 billion (US$4.34 billion), more than double the TWD60.96 billion reported in the second quarter of 2010. According to Bloomberg, Winston Yung, CFO of the company, said that strong demand in the US and Asia offset a slowdown in Europe. While total sales are “driven” by the company’s US activities, the growth rate in Asia has been “particularly high.” The company is set to give a more detailed breakdown of its results later this week.

Reuters said that the numbers “helped clear up some of the rumours,” after it was suggested that HTC might report sales that were either down or flat month-on-month for June 2011. Its sequential monthly growth was 10.9 percent, compared with 4.88 percent from April to May. Last week, the company hit back at reports that it was set to miss its second quarter shipment targets, stating that “product sell-through and channel inventory remain healthy.” It also warned that “if we find that someone is trying to spread rumours or false information with the intent to influence our stock price, we will take necessary legal actions to protect the rights of our shareholders and ourselves.” Second-quarter earnings will be announced July 6.