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Lenovo looking to acquire HTC, talks have been going on since August

Posted: , by Victor H.

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Lenovo looking to acquire HTC, talks have been going on since August
Lenovo might be negotiating a huge acquisition, that of HTC. Struggling Taiwanese phone maker HTC has posted its first quarterly loss as it loses grip on the market, and frankly there couldn’t be a better time for such a deal. Keep in mind that this is only a rumor, based on alleged meetings between top level Lenovo and HTC executives that have taken place in Taiwan in August. There is no final decision yet, and it could take a few months until the deal passes (if it does) in the first half of 2014.

Lenovo is allegedly discussing taking over the HTC brand, much like it did with IBM’s ThinkPad laptops when it acquired the unit. This means that we’ll still have HTC smartphones, just this time - manufactured under Lenovo’s caring wings. Other terms of the detail have not been disclosed.

The deal sounds like a very right fit. Lenovo is one of the largest phone makers in China, but does not reach Western markets in the way HTC does, nor does it have the carrier connections. Lenovo is now also the largest PC and notebook seller globally, having surpassed HP, so the business for the Chinese company is growing fast.

source: AppleDaily Taiwan via Android Beat

46 Comments
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posted on 09 Oct 2013, 04:30 14

1. itsdeepak4u2000 (Posts: 2866; Member since: 03 Nov 2012)


Great, if this rumor is correct then HTC is going in safe hands. Price devices properly then.

posted on 09 Oct 2013, 05:08 2

13. cezarepc (Posts: 608; Member since: 23 Nov 2012)


True. Lenovo acquired IBM's PC business and since then they've been marching forward steadily.

HTC already produces great products, just give them more funds and they'll stay profitable.

posted on 09 Oct 2013, 06:11

21. oister85 (Posts: 409; Member since: 27 Apr 2012)


Yeah but it won't be htc branding anymore right?

posted on 09 Oct 2013, 08:35

29. lsutigers (Posts: 765; Member since: 08 Mar 2009)


read the article. It specifically says Lenovo will likely keep the HTC name the same way they kept the IBM Thinkpad name.

posted on 09 Oct 2013, 15:06

41. cezarepc (Posts: 608; Member since: 23 Nov 2012)


Yep. Why waste the brand HTC built?

posted on 09 Oct 2013, 20:54

42. belovedson (Posts: 832; Member since: 30 Nov 2010)


Lenovo since acquiring IBM has killed the image of quality. The think pad series is an ok series of laptops

posted on 10 Oct 2013, 04:11

43. cezarepc (Posts: 608; Member since: 23 Nov 2012)


Consider the price man.

posted on 09 Oct 2013, 11:31 1

33. JC557 (Posts: 1161; Member since: 07 Dec 2011)


I won't mind a ThinkPhone (or whatever) with BoomSound speakers just as long as Lenovo won't use cheap low end chips in their premium devices like they do with their mainland phones.

posted on 09 Oct 2013, 04:36 6

2. mr.techdude (Posts: 555; Member since: 19 Nov 2012)


I hope lenovo doesn't mess htc's famous designs and HTC sense other then that I'm happy to hear that this might happen and hopefully keep HTC in the market, better then HTC disappearing. 'Fingers crossed'

posted on 09 Oct 2013, 04:41 2

3. wicpromd (Posts: 266; Member since: 20 Aug 2013)


good
BLACKBERRY--Soon will be
NOKIA--Done
HTC--In progress
nice to know
HTC will never rise again

posted on 09 Oct 2013, 04:51 15

4. xperiaDROID (banned) (Posts: 5629; Member since: 08 Mar 2013)


BlackBerry - Hanging on the wall, waiting for acquisition
Nokia - Acquired, but will return in few years later
HTC - Not so smooth, but things are still okay. Also waiting for acquisition
Samsung - Gone crazy, making flip phones with Snapdragon 800

posted on 09 Oct 2013, 05:37 2

17. Trex95 (Posts: 571; Member since: 03 Mar 2013)


Hahaha XD

posted on 09 Oct 2013, 05:44

18. androiphone20 (Posts: 1519; Member since: 10 Jul 2013)


*sigh*

posted on 09 Oct 2013, 09:09 3

30. silencer271 (Posts: 231; Member since: 05 Apr 2013)


going crazy but making bank

posted on 09 Oct 2013, 12:29 1

37. jaychildz (Posts: 106; Member since: 31 May 2013)


dude said S800 flip phones LMMFAO

posted on 09 Oct 2013, 04:53 1

5. mr.techdude (Posts: 555; Member since: 19 Nov 2012)


Oh well I suppose ur the guy who tells the future. U might not know, HTC might be the next uprising brand don't u know the quote "what comes down must come up and what comes up must come down" not every big brands stay up or down.

posted on 09 Oct 2013, 05:01 6

9. xperiaDROID (banned) (Posts: 5629; Member since: 08 Mar 2013)


We don't know the future. But Samsung will not dominate the smartphone world forever, and will be replaced by another brand. HTC, Sony, LG, Huawei...who knows?

posted on 12 Oct 2013, 07:22

45. Ronny666 (Posts: 108; Member since: 08 Jun 2013)


Next uprising brand? Very optimistic but I doubt so. Logically it's going to be either LG, Lenovo or Huawei. There's a proverb: "learn how to walk before you can run"

posted on 09 Oct 2013, 08:04

27. GadgetsMcGoo (Posts: 167; Member since: 15 Mar 2013)


And so why in your view is this good? What do you personally gain from this? Is daddy in the M&A business?

posted on 09 Oct 2013, 04:54 1

6. woodshop20 (Posts: 459; Member since: 14 Sep 2013)


HTC makes great hardware, marred only by a lack of updates and basic maintenance.

posted on 09 Oct 2013, 11:33

34. JC557 (Posts: 1161; Member since: 07 Dec 2011)


Umm, no they are pretty good with basic maintenance as I've gotten security and bug updates in a timely matter. Unfortunately it was Verizon that held back the Global Mode for my Rezound several months after it was released and more than that when it was discovered.

Sadly, it costs quite a bit of money to develop and send out updates to all phones while selling a new one would help with income.

posted on 09 Oct 2013, 12:20 1

36. Lauticol (Posts: 215; Member since: 25 Jun 2011)


HTC One, the first phone updated to 4.3

posted on 09 Oct 2013, 04:55 1

7. Lampriya (Posts: 216; Member since: 05 Oct 2013)


if htc can keep its phones quality like Apple has done, it will not be in trouble like this. The smartphone war is between samsung and Apple and I can guarantee that Apple is the real winner. Copy cat never wins the original.

posted on 09 Oct 2013, 05:02 4

10. tiara6918 (Posts: 1526; Member since: 26 Apr 2012)


It's not the quality that keeps people from buying an iphone, it's because it is a status symbol. iphone is the most expensive smartphone in the market and many people just follow the trend.

posted on 09 Oct 2013, 07:39

23. Lampriya (Posts: 216; Member since: 05 Oct 2013)


iPhone is expensive because of its premium body such as aluminum and glass for example. As long as customer service is concerned, Apple is also ahead of others (software update, for example). how about Samsung, nothing besides cheap plastic?

posted on 09 Oct 2013, 12:14 2

35. SleepingOz (unregistered)


FYI, aluminium is cheaper to manufacture than polycarbonate. Other than 'feels premium in hands' what advantage does it have over polycarbonate?

posted on 09 Oct 2013, 05:02 1

11. wicpromd (Posts: 266; Member since: 20 Aug 2013)


as if apple never copies???
dreaming????
iphone design is already inspired from SONY

posted on 09 Oct 2013, 07:43 1

24. Lampriya (Posts: 216; Member since: 05 Oct 2013)


Stop kidding me, guy. Apple released first iPhone while Sony still used featured phone.

posted on 09 Oct 2013, 05:03

12. tiara6918 (Posts: 1526; Member since: 26 Apr 2012)


Another thing is that some consumers find ios very simple and the iphone, small and operational with one hand

posted on 09 Oct 2013, 07:48 1

25. Lampriya (Posts: 216; Member since: 05 Oct 2013)


Small? iPhone screen size is adequate for both girls and boys. We are talking about phone here, not a tablet. And iOs 7 is a big hit ever happened in ios history. I see nothing is really useful features in Samsung galaxy note 3 besides gimmick marketing.

posted on 09 Oct 2013, 12:54

39. EclipseGSX (Posts: 1650; Member since: 18 Oct 2011)


It's a big hit with bugs too

posted on 12 Oct 2013, 11:26

46. Ronny666 (Posts: 108; Member since: 08 Jun 2013)


As long as Apple can hide behind Obama after copying and stealing, then I totally agree that Samsung will never win. :)

Talking about copying, weren't the name "Apple" and "iphone" itself copied from somewhere?

posted on 09 Oct 2013, 04:59 1

8. tiara6918 (Posts: 1526; Member since: 26 Apr 2012)


They have to change every strategy they're making in the company for them to survive. Htc used to have an effective plan and idea but it's obvious now that we can see that they feel the pressure of competition and thus leading them to make rash decisions which eventually would lead to failure. Have The Courage HTC! You can make it!

posted on 09 Oct 2013, 05:10 3

14. xperiaDROID (banned) (Posts: 5629; Member since: 08 Mar 2013)


Not just change the strategy, they have to improve the marketing as well. In my country, I can't even see a single ad of HTC phones on TV and billboards.
Come on HTC, Have The Chance, Have The Courage, Here's To Change.

posted on 09 Oct 2013, 05:22 2

15. tiara6918 (Posts: 1526; Member since: 26 Apr 2012)


Another problem is that they don't have enough funds to market heavily. If they advertised as heavily as Samsung, they would have been on top right now. They should also change every plan they made on here's to change. Look at what happened with their partnership with Robert Downey Jr, it was a huge waste of investment. I'm not saying Downey is a wrong choice, but look at what happened with Alcatel and TCL who partnered up with him,nothing happened. If they ever make an ad, they should copy what Samsung did, before I lost interest with Samsung but after seeing their ads, I was attracted to their devices once again

posted on 09 Oct 2013, 06:07 1

20. Reality_Check (Posts: 277; Member since: 15 Aug 2013)


They need to get their pricing right. They make awesome quality phones in my opinion, but they price it way too high :S

posted on 09 Oct 2013, 05:23 1

16. boosook (Posts: 1088; Member since: 19 Nov 2012)


OMG... Chinese are buying *everything*.

posted on 09 Oct 2013, 07:52 1

26. Lampriya (Posts: 216; Member since: 05 Oct 2013)


Chinese is on the rise. I hope ww3 wont happen :(

posted on 09 Oct 2013, 05:53 1

19. Fuego84 (Posts: 292; Member since: 13 May 2012)


The commercial of HTC with Robert Downey Jr were so bad because of the commercials didn't make sense.... Sense lol. Well who wrote the stupid commercials? when I saw them I didn't even know they were about a smartphone nor a company in the smartphone business.

posted on 09 Oct 2013, 06:23 1

22. mr.techdude (Posts: 555; Member since: 19 Nov 2012)


Woodshoo20, ur right but they are starting to improve on their updates but what they've lacked was quality Control like I mean the HTC one could have been released a full 3 months before the s4 came but no something happened to there cameras. I'm a fan of HTC but I was very disappointed At them this year cause of the quality control was bad. But the HTC one is the best device of this year.

posted on 09 Oct 2013, 08:10

28. amats69 (Posts: 1129; Member since: 12 Nov 2012)


If this happens in the near future then i can say its a good news for htc..htc got the best smartphone out there then lenovo have the money..my worry only is the naming of the phone..coz i dont like lenovo branding..sorry to say..

posted on 09 Oct 2013, 10:38

31. oOps.. (Posts: 34; Member since: 26 Jul 2013)


Nice move Lenovo

posted on 09 Oct 2013, 10:55

32. Genersis (Posts: 205; Member since: 29 May 2013)


If this does go through, I hope HTC doesn't stop selling phones in the UK because their parent company doesn't.

posted on 09 Oct 2013, 12:50

38. koolkat (Posts: 2; Member since: 09 Oct 2013)


This would just be fantastic.. Lenovo and HTC would be a match made in heaven. Both companies make awesome products

posted on 09 Oct 2013, 14:57

40. roldefol (Posts: 3178; Member since: 28 Jan 2011)


It's not my dream hookup of Asus+HTC, but I do respect Lenovo as a company. I wonder how the folks at HTC will view this from the Taiwan vs China angle though.

posted on 12 Oct 2013, 07:13

44. Ronny666 (Posts: 108; Member since: 08 Jun 2013)


Big blow and insult for the Taiwanese though...

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