From PC World: Asustek Computer may be considering a bid for HTC, but HTC said Monday it wants nothing do with it.
On Friday, Asus Chairman Jonney Shih said he wouldn’t dismiss the possibility of buying HTC.
Such a move could help both companies: Asus has been trying to move beyond its traditional PC business into sales of Android smartphones, and acquiring smartphone maker HTC would boost its market presence. It could also provide support for HTC, which has seen its market share dwindle in the face of tough competition from Apple, Samsung Electronics and Chinese smartphone vendors.
Such arguments hold no sway with HTC, though.
“We didn’t contact Asustek, and will not consider the acquisition,” the company said in a posting to the Taiwan stock exchange on Monday.
With a deal out of the question—at least as far as HTC is concerned—both companies will need other strategies.
View: Article @ Source Site
