Wednesday, October 9, 2013

Lenovo Rumored To Buy Out HTC

Lenovo Rumored To Buy Out HTC

Despite HTC's chairwoman, Cher Wang, coming forward and refuting rumors of the company selling out, new rumors have surfaced suggesting that Lenovo could be the company that will buy out HTC. The rumor comes about as HTC has recently posted an operating loss of $101 million, making it the company's first in over a decade, and that because of that (amongst other reasons), HTC and Lenovo's top executives have begun to meet with each other, dating as far back in August, about a possible buy out. Given that Lenovo has already taken over IBM's ThinkPad division, we guess acquiring new companies would not be a stretch of the imagination.

Ubergizmo , Lenovo Rumored To Buy Out HTC, Lenovo Rumored To Buy Out HTC

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