Thursday, October 10, 2013

Lenovo interested in HTC? - ZDNet

Business: The Chinese giant Lenovo reportedly began talks this summer for a possible takeover of HTC. Taiwanese brand has failed to rectify the situation and for the first time recorded a loss during its last fiscal quarter.

Not surprisingly, the difficulties faced by HTC for several months eventually lead to rumors about a possible takeover. Following the publication of the latest quarterly results which saw the company record the first loss in its history (2.97 billion Taiwan, € 74.3 million), a merger with a Chinese group was discussed.

According

site information tawanais Apple Daily, it could be Lenovo . Discussions with HTC have started in August for a possible acquisition would be finalized during the first half of 2014. No figures have been mentioned and it is unclear if these talks are still relevant. (Eureka Press)

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