HTC says it won't be acquired by TCL, will remain an independent business entity for the time being

HTC says it won't be acquired by TCL, will remain an independent business entity for the time being
Amidst HTC's recent product announcements – of course, we are talking about the HTC Desire EYE and the HTC RE camera – rumors arose that the Taiwan-based smartphone maker might get acquired by China-based TCL. This was deduced by a blog post from TCL's chairman, Li Dongsheng, who expressed his admiration for the manufacturer, compared the CEO with Steve Jobs, and also said that he's keeping his fingers crossed for HTC's comeback on the market. Many regarded this as a hint for a possible acquisition by TCL, which had previously got hold of another handset manufacturer, Alcatel.

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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19 Comments

1. iluvsonynokia

Posts: 161; Member since: Aug 27, 2013

good move htc

5. pokharkarsaga

Posts: 553; Member since: Feb 23, 2012

HTC don't be a sellout like NOKIA.

8. neops

Posts: 297; Member since: Jan 28, 2014

They didn't sell themselves when they were on the down side, is there any reason to do it now?

11. Alex123

Posts: 241; Member since: Oct 17, 2012

Elop is the worst CEO. I read it on WPcentral

16. InspectorGadget80 unregistered

They don't need another company too make decisions for them.

2. syamjith

Posts: 10; Member since: Oct 01, 2014

Good.... Try to increase marketing. That will increase your sale.

3. xperiaDROID

Posts: 5629; Member since: Mar 08, 2013

Be independent, HTC. Be yourself, HTC. Be the true Taiwanese, HTC. Quietly Brilliant, HTC.

4. c.sonnen

Posts: 38; Member since: Mar 06, 2013

Waiting for the m9

6. Taters

Posts: 6474; Member since: Jan 28, 2013

Stubborn suck T C. This is why you are worth so little and can be bought out in the first place. You insist that you are better than the others and too cool for TCL when they are exactly what you need. And no you are not better than the others no matter how much you want to believe. It's not just marketing. You suck.

7. xperiaDROID

Posts: 5629; Member since: Mar 08, 2013

They're not stubborn, they're just being themselves, better safe than sorry. I don't think TCL will help much if they acquire HTC; just look at Alcatel, TCL just rebrand their phones to TCL in China and look where are they right now. Alcatel is like a coward, not willing to take a big step forward like the others, - Bad marketing - Imperfect devices - Bad on supporting Android updates for their devices And they stupidly got themselves bought by TCL. HTC is not that stupid.

18. ngo2dd

Posts: 896; Member since: Jul 08, 2011

He like hate that is all, no matter what you say, HTC will always sick. His mom cheated on his dad with an HTC employee. That is where the hatred is from.

19. pulkit1

Posts: 354; Member since: Jul 03, 2014

You are stupid and have no say in this.The company is improving why will it loose the say in management to a Chinese company .

9. Ghost04

Posts: 522; Member since: May 03, 2014

HTC's days are numbered . Sony is a way bigger company then HTC still making loss in Mobile business . HTC should not even think profit with horrible devices . Only regular OS update won't do anything . Lenovo bought Motorola , which doesn't mean Motorola is dead . Lenovo can help Motorola to invest and develop their products even better . Bad move .

14. roldefol

Posts: 4744; Member since: Jan 28, 2011

I wouldn't compare Lenovo to TCL. Lenovo is a known entity and a leader in desktops and laptops. I'd never even heard of TCL until yesterday. I'm not thrilled that Motorola was sold to a Chinese company, but I take comfort that it was Lenovo, a company I know and trust.

10. gigaraga

Posts: 1454; Member since: Mar 29, 2013

That's a relief. The Taiwanese need to keep their company, not have it sold to a Chinese company.

12. StraightEdgeNexus

Posts: 3689; Member since: Feb 14, 2014

I hope htc sticks on, they are making great phones lately. But htc really needs to remove its head from butt, give up the stubbornness on ultrapixel cameras. I know many people went for S5 instead of M8 for the camera alone. And they need to up their marketing and availability too.

13. newbey123

Posts: 702; Member since: Mar 19, 2012

HTC doesn't need them. Keep up the good work HTC.

15. bob28182tw

Posts: 4; Member since: Dec 17, 2012

People just don't get it,it's a multinational Taiwanese company,therefore the Taiwanese government won't even allow such thing to happen,and besides the government have money ,they will just pump in cash if it need be. The government have been working with HTC as well ,it won't work with HTC just for fun. To make it clear the government must have some shares in it...........don't need to explain more

17. gaara6775

Posts: 738; Member since: May 20, 2014

He*l no. I won't buy HTC phones if they make for some other brand. Just be HTC. If possible don't put lot of phones on production. Make less,sell well.

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