Taiwan PDA phone firm claims top spot in Hong Kong with 20pc market share Taiwan-based PDA phone vendor Dopod International has set a target of quadrupling sales growth in the Hong Kong market this year, part of its bid to take the company to market in two years' time, according to company officials. Dopod, the personal digital assistant phone brand which has a close relationship with Taiwan-based PDA phone maker High Tech Computer, has been in the Hong Kong market for seven months. 'Last year we generated sales of around $80 million and achieved profitability for first year of operation,' said Terry Chung, the company's Hong Kong manager. 'By launching at least two new models each quarter and exploring the corporate user market this year, we are targeting a sales growth of four times that of last year,' he said. The company plans to launch an initial public offering in Hong Kong in two years' time. The listed company would include Dopod's business in Taiwan, Hong Kong, Thailand, Singapore, Indonesia and Malaysia. The company claims it rose to first place at the end of last year in the Hong Kong and Taiwan PDA phone market, selling about 6,000 to 7,000 handsets each month. 'In Hong Kong last year, we launched four models and successfully achieved the target of gaining a 20 per cent market share in the mobile phone market with a price over $3,000,' Mr Chung said. He said the company's latest target was to raise its market share to 25 per cent by the end of June. 'We are on the right track. Two more new models will be in the shops this month, increasing our sales volume by more than 10,000 units each month,' Mr Chung said, adding that Dopod's latest PDA phone model 818 Pro had sold out when it hit the market in December. 'Our first 5,000 units sold out as soon as they hit the street,' he said, claiming the company had overtaken rival O2 Atom to be the No1 brand in the PDA phone market. 'O2 gained the leading position in Hong Kong after it launched a series of products produced by High Tech Computer such as the O2 mini. However, O2 changed to another supplier and that benefited us,' Mr Chung said. The company plans to launch two to three new models each quarter this year, so that over the whole year it would bring at least 10 new products to the market, he said.