HTC acquired by Lenovo, a credible hypothesis - Frandroid

The rumor of a purchase of another large firm Lenovo had been raised in recent months, and there she resurfaced today applied to HTC whose financial situation has deteriorated sharply last quarter. HTC acquired by its Chinese neighbor, a possible hypothesis

information comes from the Taiwanese media Apple Daily, which provides that “Lenovo discuss strategic cooperation ” with HTC, who himself has suffered losses to the tune of about 74 million euros in the third quarter of 2013, after successive quarters of slowing profits. For its part, Lenovo has a significant rise in the field of telephony, which enabled him, according to the latest figures from IDC institute to climb to fourth place in the constructors mobile, HTC ahead. In China, ABI Research estimates that the manufacturer is positioned same as number 2 on the national market, with 13% market share.

It is with this that Lenovo will be met with the leadership of HTC in the month of August 2013 at a secret meeting, however, did “not finalized .” According to our colleagues, such a transaction, should it occur, would be made in the first half of 2014. It would not be a first for Lenovo holding his brand PC ThinkPad redemption of the IBM personal computer division in 2005. However, as HTC Lenovo today deny any purchase decision, even if it is credible: with shipments of mobile devices up 41% year on year in the second quarter of 2013, a turnover of 8.8 billion and $ 174 million in profit, 23% more than the previous year, totaling $ 3.1 billion in cash as of June 30, Lenovo may have the necessary funds to implement the famous “strategic partnership” that the rumor lends to both firms.

At a time when the financial difficulties of one or the other result (or are in the result) on redemptions more or less easy to negotiate, there are few who still give credit to HTC. The Taiwanese company appears in public opinion, doomed to disappear from the international scene where she remained one of the last, if not the last player pure mobile. On the eve of the presentation of the High One, to be unveiled on October 18 during a conference Taiwanese, however, can be expected for the last quarter 2013 HTC able to bring positive finances.

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Laure Renouard – Articles