HTC

HTC shoots down the rumors for a merger with Asus

HTC shoots down the rumors for a merger with Asus
The flamboyant Chairman of Asus, Johnny Shih, recently made comments about an eventual purchase or a merger with the troubled maker of the One M9 flagship - HTC. He essentially said that Asus won't be ruling out an eventual purchase of HTC, if the company is indeed considering a merger, a partnership, or an external sale of sorts, as rumored.

Today, HTC rebuffed the imaginary offer by Asus in full force, saying that "[HTC] has not made any contact with Asus regarding this matter, and it will not consider a merger with Asus," posting this memo on the Taiwan's stock exchange site. Basically, HTC feels that there is nothing to be gained from an Asus buyout for the brand, but the more curious bit is that companies are talking internally about possible stakes in HTC at all. 

The inventor of the UltraPixel marketing term saw a precipitous decline in its stock price after the One M9 launched, but because of the merger rumors its stock shoot up with the 10% upward limit today, before the company issued the official rebuttal.

source: Reuters

FEATURED VIDEO

16 Comments

1. HugoBarraCyanogenmod

Posts: 1412; Member since: Jul 06, 2014

Good, hope htc rot even further

10. tiara6918

Posts: 2263; Member since: Apr 26, 2012

Somebody please stop this troll

12. CanYouSeeTheLight

Posts: 1122; Member since: Jul 05, 2012

Because less competition is better for the consumer.... Do you even think?

13. b1acktiger

Posts: 223; Member since: May 19, 2012

LOL :D Till date i have learned that competition benefits the consumer. You have a different view than most of the analysts.

26. CanYouSeeTheLight

Posts: 1122; Member since: Jul 05, 2012

Sarcasm seems a hard thing to pick up around here.

2. samsboy unregistered

It's a matter of time.

3. Jamoga

Posts: 187; Member since: Dec 17, 2014

they can get out of it , if only they made better products than ads.

4. tani24

Posts: 51; Member since: Feb 24, 2015

They should have released a M9 flagship, based on the futuristic renders that we saw online: it would have been a success: at least, let's hope HTC will learn the lesson and release a wonderful M10, because they have the potential, for sure...BTW, I'm still in love with my M7 and will wait for it (M10)!

11. Niva.

Posts: 440; Member since: Jan 05, 2015

Yeah the renders were amazing, realizing they were not related to the real thing was the first big letdown... after the performance of the SD 810 became obvious it was a definite no-go.

5. yikeees

Posts: 7; Member since: Jun 18, 2013

i honestly thinks if HTC One M9+ was released internationally... these down falls wouldnt had occured ! and ofcause with good camera ! i was using a htc one m8 ! great phone! but just for a change went to iphone 6, then kept waiting for htc one m9. but... HTC letted me down with there fail flagship M9. so i just sold my iphone 6 and went to samsung galaxy s6 edge. atleast its the best android phone available so far. thats why

6. Taters

Posts: 6474; Member since: Jan 28, 2013

HTC is still too stubborn. They probably think that they are still superstars. Wake up HTC and step your game up or just sell now before it's too late.

7. Ghost04

Posts: 517; Member since: May 03, 2014

Their sky high pride will make them fall for good.

8. tokuzumi

Posts: 1866; Member since: Aug 27, 2009

HTC has been making some great phones lately, but then they cheap out on the cameras, and give sales to the other manufacturers. Plus, they have had some weird marketing, like that whole Robert Downey H.T.C. commercial line. HTC needs to get everything together for their next phone, to have a winner.

9. tiara6918

Posts: 2263; Member since: Apr 26, 2012

They could still go on for a long time just as long as they maintain focus with their handsets

24. Virage

Posts: 88; Member since: May 25, 2015

To bad. Asus is doing quirte along

25. Virage

Posts: 88; Member since: May 25, 2015

Roo bad

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.