HTC confronts rumors of company going up for sale
Mergers and acquisitions are no strangers to the smartphone world. Just last year, Google finished its acquisition of Motorola Mobility, paving the way for devices like the Moto X. Then there are those rumors of sales that never quite happen, like recurring claims that companies like Nokia or BlackBerry might sell out to larger competitors, or part-out their businesses, splitting hardware development from other concerns. The latest to be faced with such rumors is HTC, and company execs are doing their best to dismiss these ideas.
It got started when a reporter suggested HTC chairperson Cher Wang was pushing an effort to sell HTC. While there have been some signs of a performance upswing recently, a lengthy sales slump makes such an idea not that hard to believe.
HTC was quick to deny these allegations, and Wang herself spoke out against the claims, talking optimistically about fourth quarter plans, as well as what HTC has in store for us in 2014.
Despite such denials, the rumor doesn’t seem to be able to be fully put to rest, and there continue to be suggestions that HTC is right on the brink of being acquired.