Asus Considering Acquisition Of Struggling HTC

By 05:23 Sun, 25 Jul 2021 Comments


Just days after HTC's stock tanked following the company's revised outsee for Q2 2015, Reuters is reporting that Asus is considering purchasing the struggling Taiwanese company.


"Our chairman has chatted about the topic internally," assumed Asustek's Chief Financial Officer David Chang. "Still, the chances of an actual takeover are not gigantic as Asustek is a company that has depended on organic growth."

As you might already know, HTC's latest One M9 flagship Android smartphone has failed to impress the customers - last month, there were reports that the company is cutting component orders for the device by 30%. In damage control mode, HTC has now promised to out a recent "hero product" later this year.

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