HTC has announced quarterly revenue of NT$70.2 billion (£1.49 billion) and net profit of NT$3.9 billion. Profit was down 79% year-on-year, while revenue was down 48%.

China was described as a key driver of growth for HTC in Q3 2012.

Although ABI Research has calculated that total mobile phone shipments fell to 387.3 million units in the past quarter, the International Data Corporation has just published figures showing an increase. It says the worldwide mobile phone market grew 2.4% year-on-year in Q3 2012 to 444.5 million mobile phones.

When it comes to smartphones, it reckons 179.7 million units were shipped in the quarter; a 45.3% increase on Q3 2011.

The number of smartphones shipped worldwide increased by 32.8% year-on-year to 155.5 million in the third quarter, according to new figures from ABI Research. However, total mobile handset shipments fell by 1.9% to 387.3 million units.

40.2% of all mobile phone shipments in Q3 2012 were smartphones, up from 39.3% in the previous quarter.

Ofcom, the UK government and the major networks have all agreed a timetable for 4G to be launched across the UK.

We're talking about those plans in this week's podcast - and taking a look at all the other top mobile industry stories as well, from US mergers and leaky tablets to free WiFi and forthcoming quarterly results.

HTC Corporation has announced unaudited results for the third quarter of its 2012 financial year, a few weeks ahead of the official quarterly figures.

Total revenue in Q3 2012 reached NT$70.2 billion (just under £1.5 billion) and net income after tax was NT$3.9 billion (£83 million).