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ASUS has discussed internally acquiring HTC - Reuters

HTC is doing bad lately, and we sure know they need a change. Is an acquisition the answer? Because ASUS may be considering purchasing the company!
By
June 12, 2015
ASUS Brand Shot AA CES 2014-1
It’s no news HTC has been having a horrible year. The Taiwanese manufacturer recently reported their worst April financial figures in 6 years, and they are expecting to lose substantial amounts of income for Q2, 2015. It’s clearly time for a change, and there is a slight chance ASUS has exactly what they need – an acquisition.

Jonney
Asus Chairman Jonney Shih

Think about it. It’s really the best time to make a bid to acquire HTC. The company’s stock prices are declining rapidly as ASUS continues to rise with awesome products like the ASUS Zenfone 2. I was honestly much more excited about this mid-end smartphone than I was about the HTC One M9. The Zenfone 2 offers great value for a stunning price, while the HTC One M9 failed to impress the industry very much.

Should an acquisition be in the books? Whether such an event is to take place or not, Asustek Chief Financial Officer David Chang has told Reuters it’s not something the company is entirely ruling out. He mentions Chairman Jonney Shih touched on the topic at ASUS’ annual general meeting.

“Our chairman has chatted about the topic internally. Still, the chances of an actual takeover are not big as Asustek is a company that has depended on organic growth.” – David Chang, chief financial officer at Asustek

This acquisition may not seem likely, as we do know ASUS doesn’t really need HTC to keep growing. They have an amazing computer business and are finally getting a stronger foothold in the smartphone market. I personally don’t see it happening. We have seen crazier things happen, though, and you never really know what these companies may have in mind.

Will we see an HTC acquisition by its Taiwanese brother, ASUS, soon? Sound off in the comments and let us know your take on this possibility.

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