Lenovo, Huawei and ZTE looking to purchase HTC

Struggling Taiwanese company HTC could find itself under new management in the near future, as Lenovo, Huawei, and ZTE all are looking into the possibility of acquiring the company. HTC still makes some of the best, if not the best android hardware out their including the amazing HTC ONE that was released earlier this year. Unfortunately, the ONE doesn’t seem to be enough to lift HTC out of the hole it has sunk into over the past few years. Looking on, it’s hard to believe that HTC was once the king of the android hill. HTC was the first to use the Android OS heck they built the first Android phone, the G1! Don’t forget the original Nexus and the now legendary HD2(well legendary to us geeks anyways). That run at the top was short lived however, as apple and the “steam roller” that is the Samsung Galaxy brand um….steamrolled the Taiwanese company’s market share. In 2011 HTC commanded 28 percent of the smartphone market, now that’s down to only 2.8 percent. Ouch!

Chinese manufactures on the other hand have been growing by leaps and bounds saturating the Chinese market with more affordable products. The thing is they don’t have the global brand recognition that a company like HTC has, so an acquisition of HTC would be just what they need to push their product on an international scale.