Chinese takeover rumors now swirl around HTC

Chinese takeover rumors now swirl around HTC
An extensive Bloomberg article published on late Wednesday afternoon examined the likelihood of HTC getting bought by ZTE, Huawei or Lenovo. According to recent speculation, Lenovo is now apparently expected to gobble up BlackBerry, Nokia and HTC, though perhaps not in that order. HTC’s market cap has shrunk by 88% from its peak and the company is now valued at less than half of its annual sales, so it definitely is a lot cheaper than it used to be. The problem with the takeover scenario is that if the prospective buyers believe that HTC will be even cheaper in a couple of months, they will be tempted to wait for that deeper bargain. In the meanwhile, HTC’s global market share