Updated Aug. 23, 2013 at 3:33 p.m.

Premium Lock Phonemaker HTC could be takeover target for Lenovo

Published: 2013-08-23 15:33:00
Updated: 2013-08-23 15:33:48

HTC's "One" phone HTC's "One" phone

After peaking in 2011, HTC's stock has plunged 88 percent as the Taiwanese company lost market share to industry leaders Samsung and Apple. Now, vendors including ZTE Corp., Lenovo and Huawei could zero in on the $4.2 billion company as a takeover target to help them gain technological know-how and a still well-regarded and recognized brand as they expand in mobile devices...

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