toggle

AAPL Stock: 113.29 ( + 0.37 )

Printed from http://www.macnn.com

HTC to hold 'major news announcement,' may settle with Apple

updated 05:35 pm EDT, Wed August 10, 2011

HTC plansm major news event August 11

HTC late Wednesday said it would hold a "major news announcement" on Thursday morning. The company wouldn't say what was involved but would have CEO Peter Chou speaking during a conference call live from LA. No other direction was given.

Such sudden announcements are never reserved for product announcements and suggest that the news is relating to a corporate-level issue.

A possibility exists that it might have reached a settlement with Apple. HTC has signaled a willingness to make a deal with Apple following its loss in an ITC patent dispute and was facing a possible repeating with the start of a second investigation. Buyouts of S3 and Dashwire, which many believe were for patents, may not have given HTC any safeguards.

A small chance exists of a takeover, such as by Microsoft. The Windows Phone developer has been eager to buy market share and made its deal with Nokia for the same reason. HTC's relatively large size, however, as well as antitrust concerns might keep Microsoft from risking such a deal.




by MacNN Staff

toggle

Comments

  1. viktorob

    Joined: Dec 1969

    +14

    What is it about?

    I don't think they are going to announce a new product since apple has not came out with any new product. So what are they going to copy?

  1. aardman

    Joined: Dec 1969

    +4

    comment title

    Anyone who roots for HTC better pray that this is not about announcing a Microsoft takeover.

  1. slapppy

    Joined: Dec 1969

    +6

    It's about

    A new HTC iOS clone. Then they will spend 30 min showing a prototype while bragging how innovative they are, and Apple is already passé.

  1. facebook_Uhweqhe

    Via Facebook

    Joined: Aug 2011

    +4

    comment title

    MS is already in bed with Nokia, I think it is more Apple related. If anyone needs to buy a handset maker it is Google, so as to have complete control over their ever increasing product line up.

  1. facebook_Uhweqhe

    Via Facebook

    Joined: Aug 2011

    0

    comment title

    MS is already in bed with Nokia, I think it is more Apple related. If anyone needs to buy a handset maker it is Google, so as to have complete control over their ever increasing product line up.

  1. Geoduck

    Joined: Dec 1969

    0

    Crazy Idea

    Maybe Apple is buying HTC.
    Maybe a 'willingness to make a deal' grew over time and now they're selling the whole company. Shareholders wold gain. The CEO would get a nice settlement, and Apple would get manufacturing capability.

    Naaaaaaa

  1. gmhafiz

    Joined: Dec 1969

    0

    wrong, try again

    turns out there was neither a takeover nor settlement with apple. please stop spreading rumors.

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented