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Report Says Lenovo Is Looking To Purchase HTC

Posted In News, Reviews - By AndroidPress on Thursday, October 10th, 2013 With No Comments »


It’s no secret that HTC is struggling financially. They’ve been limping by for a while now and reported their very first quarterly loss this past quarter.  Their devices are solid (some would even say they have one of the best devices out right now) but they’re still having a hard time selling phones.  Marketing is definitely part of the problem but even with the help of Mr. Iron Man/Sherlock Holmes aka Robert Downey Jr., sales are still slow.

Despite the fact that HTC has publicly stated time and time again that they are not looking to sell, a new report is saying otherwise.  According to a Taiwanese news site Apple Daily, HTC and Chinese tech giant Lenovo have been in secret talks since late August.  The plan, it seems, is for Lenovo to take over the HTC brand the same way they took over the ThinkPad brand from IBM.  HTC will still exist, at least that how it seems, but they will exist under Lenovo’s control.

While I’m never a fan of seeing companies being bought out (still sad about Nokia anyone?), this wouldn’t be the worst thing in the world.  Lenovo is a huge player in the smartphone market in China and produce some great devices.  If HTC still got to exist as its own entity but had Lenovo’s resources behind it, a resurgence to the top wouldn’t be unimaginable.

Of course, there haven’t been any official statements from either company regarding these discussions so take this all with a grain of salt.  I for one would rather see this acquistion happen rather than HTC just disappear altogether.  Lenovo may just be the super hero HTC needs.

What are your guys’ thoughts?

[Apple Daily / Android Beat]

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