HTC says it won't be acquired by TCL, will remain an independent business entity for the time being
However, the rumors for such an acquisition or a joint partnership have been denied. Despite the potential benefits for both parties, HTC revealed that it intends to remain an independent company for the time being and maximize the profits for its shareholders, while TCL kept mum on the subject.
However, we can't help thinking that such a buyout will be extremely beneficial for HTC in particular, which has been experiencing some tough times over the past few fiscal periods. To be honest, it's latest financial report is not a bad one, but it's the exception that proves the rule – HTC needs to get on firm ground.
source: ithome (translated) via GSMDome
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