Last week saw reports that the takeover of struggling local rival, HTC, had been discussed internally at Asus. The chairman of Asus had even gone so far as to say that it hadn’t ruled out the possibility of such a takeover.
However today, HTC has released a statement to its investors saying that such a takeover is not a possibility. HTC says that they haven’t initiated any contact with Asus and that they will not entertain the idea of such an acquisition. This is the full statement:
Initially this could seem an unlikely scenario, but the fact of HTC had the need to make this kind of statement could be revealing some fragility ? Share with us your opinion on this in the comments below.