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Lenovo HTC rumor acquisition

Saturday, October 19, 2013

After HTC reported its first quarterly loss, there is a rumor of a new acquisition between Lenovo and HTC, meeting between these two had been going on since August, and if this goes through it’s expected to happen by June 2014. 

Lenovo has a 4.74% global market share and 12% Chinese market share, while HTC’s is 7.4% respectively, and has already stated a goal of 20% market share in China next year.

We will still have HTC smartphones, but it will be manufactured under Lenovo’s caring wings, and in addition to increasing market share for both brands, Lenovo may help HTC’s supply chain, regional distribution, marketing, and management issues.

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