While it may be tough times for smartphone makers worldwide, HTC has raised its shipment forecasts for the T-Mobile G1 and Windows-powered Touch Diamond, putting shipment volumes of both in the millionth range by the end of 2008.

In a statement that HTC CEO Peter Chou made on November 21st, it is said that the company expects to sell up to a million units of the T-Mobile G1, while HTC Touch Diamond handset shipments are expected to hit the 3 million mark by the end of the year.

HTC’s Chou also fenced off rumors of a pending layoff, as well as those of decreased orders, proudly proclaiming that HTC was too tough for the global economic recession to weigh down. The company’s condition is so good, in fact, that they’re currently looking at acquiring a handset design company in the US.

But no matter how recession-proof a company is, the real test of its strength will come when it gets pitted against the toughest competition. For example, Asus, who says they will go against HTC in the 2009 smartphone race, should be a worthy opponent. We’ll see just how tough High Tech Computer really is, by then.

[Via Digitimes]