Asus Chairman says he is considering a purchase of HTC

Asus Chairman says he is considering a purchase of HTC
With HTC's stock price at an all-time low and continuing to drop, now would be the perfect time for another company interested in the troubled manufacturer to make a bid for it. One company considering making a play for HTC is fellow Taiwan device producer Asus. At the company's annual meeting held on Friday, Chairman Johnny Shih replied to questions about whether Asus was interested in HTC by saying that it has not ruled out making a bid for the company.

Asus CFO David Chang added that while Shih has discussed the topic of an HTC purchase internally, the company has traditionally relied on organic growth. The executive added that this means that the chances of a deal between the two companies are actually slim.

Since the HTC One M9 was launched in March, HTC's shares have plunged almost 50%. The company is writing off $93 million for the second quarter as it cuts production of its flagship phone by 30%. With that in mind, HTC says that it is developing a new re-designed "hero" phone for October.

HTC's market value is a little over $2 billion USD now. In 2011, the company was worth $33.8 billion USD. If Asus is interested in HTC, now would seem like a good time for it to make a bid.

source: Reuters

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66 Comments

1. HugoBarraCyanogenmod

Posts: 1412; Member since: Jul 06, 2014

Better be and change the name HTC, it gives my customers lots of nightmares for his fragile phone

25. AnTuTu

Posts: 1603; Member since: Oct 14, 2012

What HTC needs to do: 1. A brand new design 2. Less arrogant CEO 3. Better marketing 4. More options in their lineup 5. Less bezels 6. A very good camera 7. Probably Sammy's chip-set if SD is still playing up 8. Better customer support after purchasing 9. Availability worldwide 10. Good naming convention for their phones.

41. Dr.Phil

Posts: 2340; Member since: Feb 14, 2011

3 and 4 on your list usually don't happen when a company is losing money left and right. Marketing takes a lot of resources that HTC doesn't have, and they can't afford to make several device options because that requires resources as well. Also, interesting that you bring up better naming convention. I'm sort of waiting for a manufacturer to stop all this nonsense with the same model name and a successor number right after it and instead create each phone with a unique name. Remember a few years ago when HTC made phones with names like Surround, Hero, EVO, Vivid, Titan, etc. I liked that a lot. It's kind of like in the car business how all of the luxury brands started to come out with letter and number combos and then Lincoln comes out with the Continental. Just having a different name makes it stand out from the crowd.

48. nokia12

Posts: 610; Member since: Nov 19, 2013

all they need to do is lower the prices of their phones they still think of themselves as a premium manufacturer and ask the same price as samsung .. they need to realise they aren't in 2011 anymore they need to price it lower than samsung to make sales .

45. ninja_master

Posts: 306; Member since: Feb 27, 2015

If they do no.5 they would remove the front facing speakers which is IMO the most Useful thing on their phones

52. samsboy unregistered

11. Reduce those riduculous prices. 13. I accept your number 9 and they should also sell in developing countries like in Africa.

61. waddup121 unregistered

JUST DOOOOOO IT!

55. Simona unregistered

they usually keeping few years and they will stop it .. smae like nokia but not anymore it's microsoft

56. Simona unregistered

I knew it this might happen .. htc will make last phone new design and if it will be fail then they will sell it

66. Sale247

Posts: 72; Member since: May 08, 2014

I also think like that.

2. UncleSamWantsYou

Posts: 36; Member since: Jun 10, 2015

Do not support HTC, and all the chinese companies, otherwise they will destroy ours companies.

5. Chuck007

Posts: 1410; Member since: Mar 02, 2014

Hey look it's our random patriot guy again..

49. techspace

Posts: 1037; Member since: Sep 03, 2012

You are only thinking about the companies in the US, you are tarnishing the image of your country, what about that? What if the rest of the world stops supporting American companies and lending money,what if the world stops using the dollar for international transactions? Are you in favor of isolating the US from the rest of the world?

57. Simona unregistered

which ones?

6. Chuck007

Posts: 1410; Member since: Mar 02, 2014

Not sure if it's worth the risk? Will hate it if they're forced to sell off their PC hardware business if this doesn't pan out.

8. mixedfish

Posts: 1552; Member since: Nov 17, 2013

Their phone business is profitable, they are probably thinking about buying patents and their design teams etc.

12. Chuck007

Posts: 1410; Member since: Mar 02, 2014

That's awesome news! I've been an ASUS fan for over a decade and it's great to know their new endeavors are improving their prospects as a more dominate force in technology. Still don't know about HTC though. They've been a bag of bad luck for years now.

7. keithtae

Posts: 564; Member since: Mar 25, 2015

This is why samsung is the best. :)

21. Kruze

Posts: 1285; Member since: Dec 30, 2014

ERROR 404: POST IRRELEVANT TO THE ARTICLE.

27. SuperNova

Posts: 649; Member since: Jan 15, 2015

You're right. Htc should have learned from their mistake already. The M7 and M8 design is not people's interest, yet they still go on with the M9. Other negative points include the overheating 810 CPU and lastly, a bit overpriced compared to the Samsung Galaxy S6 and S6 edge considering the spec sheet of the M9 is a lot lower than the S6. Thanks God that we have Samsung to tackle Apple or else no one stands up against Apple because all 810- powered Android phones are doomed.

44. gaming64 unregistered

Their design is what made th unique. Their issue was the SoC used.

46. ninja_master

Posts: 306; Member since: Feb 27, 2015

The only thing a lot lower is your IQ.the specs is lower but not "a lot lower" and specs isnt everything

51. SuperNova

Posts: 649; Member since: Jan 15, 2015

No one said spec is everything. Before proclaiming such dumb statement, just read my comment at least 10 times so that your brain can understand it clearly.

10. My1cent

Posts: 370; Member since: Jan 30, 2014

HTC needs real Starks, not Down Jr. >:?

11. azene unregistered

motorola - lenovo HTC - ASUS wooww freakin great

17. fonelover

Posts: 255; Member since: Mar 19, 2015

Xperia - JIP soon.

26. BadBlood

Posts: 2; Member since: Jun 06, 2015

Xperia - Oppo Aquos - Huawei

30. robocopvn

Posts: 504; Member since: Mar 10, 2010

HTC customer service is .... a mess. As I said before, I used to be a loyal to HTC smartphone. But after I was dumbed with HTC Chacha, HTC Desire HD, and HTC Sensation update . I will never buy the HTC again. And to be honest, I feel I was right for not buying the HTC One X (or X plus) haha, but my friend did and now he follows my way. HTC seems to fix it with 90 days update promise with HTC one M7 M8 M9. However, I don't trust them anymore. You will lose if you lost your loyalty. Bye bye

33. HugoBarraCyanogenmod

Posts: 1412; Member since: Jul 06, 2014

I feel you my friend, tired of those ungrateful companies, i was a huge HTC fans as well

36. Taters

Posts: 6474; Member since: Jan 28, 2013

Oh god please no. The quality control issues between these two companies probably equals the entire mobile industry. If HTC is going to be saved, it has to be a non Taiwanese company that knows how to catch defects. Both HTC and Asus are piss poor at this.

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