In a recent interview with Reuters, Asus’ Chief Financial Officer, David Chang spoke about possible talks happening inside the company to buy HTC. He informed that the issue had been discussed internally.
[quote_center author=””]Our chairman has chatted about the topic internally. Still, the chances of an actual takeover are not big as Asustek is a company that has depended on organic growth[/quote_center]
It had been three years before the Taiwanese smart phone manufacturer was able to post profits. Year-on-year revenue for Q4 2014 increased by 12 percent to NT$47.9 billion ($1.5 billion), which was 14 percent better than what HTC managed in Q3 2014. Going by the numbers, the timing is perfect for a takeover. The latest flagship, the One M9 is also not living up to expectations forcing HTC to come out with the One M9+ in some markets. The net worth of the company is somewhere around the $2B mark.
Asus, on the other hand, has been selling its Zenfone series like hot cakes. Combining superior hardware with good features at a rock solid price point has taken emerging markets like India by a storm. The company has also started selling its phone in US and Canada as well.
As David said, there are very remote chances of an acquisition, but if it happens, when it happens, it will surely be the most interesting acquisition ever.