Taiwanese company HTC, which is making waves with its Android handsets, sold 11 million phones last quarter, according to The Economist. The company has only been around since 1997 and its market capitalisation recently surpassed Nokia. The key to its success is innovation.

We are big fans of their technology – they don’t make much noise, they just produce good technology. It will now have to be innovative in dealing with the law suits its competitors are launching to slow it down. Read the full story on The Economist.