HTC has revised its revenue guidance for the second quarter of 2012 to TWD91 billion (US$3 billion), noting “lower than anticipated sales to Europe, and the delayed shipment and launch of certain products in the US.” It had previously forecast revenue of around TWD105 billion. It said it would record a one-time charge of TWD2.6 billion, to “facilitate the clearance of channel inventory for certain products shipped from last year.”