HTC's cheap price lures potential buyers

After peaking in 2011, HTC's stock has plunged 88 per cent as the Taiwanese company lost market share to industry leaders Samsung Electronics and Apple. Now, Chinese vendors including ZTE, Lenovo Group and Huawei Technologies could zero in on the US$4.2 billion company as a takeover target to help them gain technological know-how and a still well-regarded and recognised brand as they expand in mobile devices, according to Sanford C Bernstein.

via Business feed http://www.scmp.com/business/companies/article/1299408/htcs-cheap-price-lures-potential-buyers