Wednesday, October 9, 2013

Rumor: Lenovo Plans Acquisition of HTC, Completed in First Half of 2014

According to Apple Daily in Taiwan, Lenovo met HTC in Aug this year to discuss about cooperation realized by joint venture or stock-for-stock, but brand of HTC still remained. And that cooperation solution would be completed in the first half of 2014.
Lenovo ranks No.4 in smartphone market share with 4.74% in globe, and ranks No.2 with 12%, lower than Samsung and Apple. Actually HTC president said that HTC gonna would reach 20% of Chinese top smartphone market share in 2014, which may hint the cooperation with Lenovo.

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