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    New products help HTC Q2 profit beat forecasts

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    * New line of products help cushion it from slowdown
    * Revenue meets previous double-digit growth forecast
    * Shares up 41 pct this year vs 44 pct gain on big board (Adds quotes and comments)

    Taiwan's HTC, the world's fourth-largest smartphone brand, reported a better-than-expected second-quarter profit on Monday, as a line of new products helped cushion it from the economic slowdown.

    HTC said it made a net profit of T$6.49 billion ($197.1 million) in the quarter ending June, down 2 percent from the same quarter in 2008 but beating analysts' forecasts of a T$5.735 billion net profit.

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    Hi,
    Taiwan's HTC, the world's fourth-largest smartphone brand, reported a better-than-expected second-quarter profit on Monday, as a line of new products helped cushion it from the economic slowdown. HTC said it made a net profit of T$6.49 billion ($197.1 million) in the quarter ending June, down 2 percent from the same quarter in 2008 but beating analysts' forecasts of a T$5.735 billion net profit.

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