subject: HTC negotiation Palm attempting to use the patent fight against Apple's lawsuit - HTC, Palm, Apple - Communications Industry [print this page] HTC negotiation Palm attempting to use the patent fight against Apple's lawsuit - HTC, Palm, Apple - Communications Industry
April 9, according to Taiwan media reports, market rumors, CEO Peter Chou, HTC and Palm may be too high-level surface, potential M & Palm to get its patent fight against Apple's infringement complaint.
North America Smartphones Troop Palm intends to sell, the market yesterday (8) day came, HTC and Palm have been launched on the talks, the expression of M & A will. If successfully bought Palm, HTC will have its own operating system and applications store, patent advantage, in the U.S. global intelligence Mobile Expected to exceed Motorola , A third, while the three brands into the global goal.
This, HTC, said yesterday that the company has never not comment on any market rumors. According to foreign reports, such as in the wake of Lenovo after the acquisition rumors, PalmCEO Rubinstein (JonRubinstein) refused to comment, but said: "If there is a reasonable acquisition proposal, the Board will consider."
It is understood that HTC has started assessment of work, from the legal, financial, brand Marketing And research and development at all levels to assess the feasibility of the acquisition strategy for Palm. HTC CEO Peter Chou travel abroad frequently over the past three weeks, has been described as "only five days a month in Taiwan", the rest are flying everywhere. Reportedly, there may be in the United States CTIA Chou Communication Development During high-level meeting with Palm.
Palm announced in the last 18 quarterly, the stock price way down and below 4 U.S. dollars, but on the 7th by market rumors after rumors that Lenovo intends to mergers and acquisitions to drive stock prices soared 20%, or 76 cents, to close at 4.62 U.S. dollars, the company market value increased to 779 million U.S. dollars.
Palm inception in 1992, in the computer industry is considered personal handheld devices (PDA) of the most innovative companies, has accumulated more than 1650 patents, but with the times into the smart phone, Palm operating system, although the introduction of webOS and PalmPre smart phone, but were praised, operating continuously into the red.
As Sell Performance continued to be weak, low cash flow, had to borrow money at one time came to produce promising PalmPre popular mobile phone market, has been named in the past, analysts Nokia , Microsoft, Dell and Motorola, are potential buyers, recently was rumored that Lenovo Group, as Lenovo CEO Yang recently said the company consider more acquisitions to build mobile network business.
Industry assessment, Palm now worth only 779 million U.S. dollars, less than one-tenth of the market HTC, HTC to the end of the account on the cash of approximately 67.1 billion yuan (20 billion), strong cash acquire all the shares, but Palm is still considered a loss, the cumulative loss over the last three quarters of 108 million to swap merger will save the follow-up operation than a silver bullet.
Industry that, Palm's mobile phone manufacturing outsourcing orders to Taiwan's Foxconn, Compal and Inventec Appliances, etc., whether Palm will be sold to whom, is bound to bring new changes in the supply chain in Taiwan. HTC broken up in 7 points after NT 400 yuan, 390.5 yuan yesterday, fell back to close at NT, Compal has the continuous rise in income of NT 37.05 yuan.