Lenovo negotiating an HTC acquisition

HTC logoIt's no secret HTC has been in trouble this year. There were supply bottlenecks, patent infringements and its flagship sales are definitely not what the Taiwanese manufacturer was hoping for. HTC has even sold its Beats Audio stakes and it's uncertain what will happen with the audio enhancement for the upcoming HTC phones. Finally, HTC has posted its first net quarterly loss.

And when a company has been on the downwards trajectory for as long as the Taiwanese have been, rumors of acquisitions are bound to appear.

The latest report coming from Taiwan's Apple Daily suggests Lenovo has been having talks with HTC to discuss the terms of a possible acquisition deal to be completed in the first half of 2014. According to the report, meetings have been held since late August, but there's no mentioning of how much the deal will be worth if it goes through.

There is no official confirmation whatsoever, of course, but we can't deny HTC needs help. And it better gets it earlier, rather than when it's too late.

Lenovo is a very strong brand in the Chinese market, and worldwide renowned laptop manufacturer and a company with good and growing profits. In fact Lenovo owns the latter to its acquisition of IBM's ThinkPad, so this won't be the first time it tries to bring a fallen giant back on its feet.

Source: GSMArena

Tags: HTC, Lenovo

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Consumer group recommends iPhone 8 over anniversary model
 
LTE connections wherever you go and instant waking should come to regular PCs, too
 
That fiction is slowly becoming a reality
 
The Snapdragon 845 octa-core SoC includes the Snapdragon X20 LTE modem
 
Human moderators can help make YouTube a safer place for everyone
 
Google says Progressive Web Apps are the future of app-like webpages
 
All 2018 models to sport the 'notch'
 
The biggest exchange in South Korea, where the BTC/KRW pair is at $14,700 now
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
     12
3456789
10111213141516
17181920212223
24252627282930
31      




Poll

Do you use microSD card with your phone?
or leave your own version in comments (4)