TCL considers purchasing a stake in HTC

[DP]

TCL considers purchasing a stake in HTC

<img src="http://cdn.gsmarena.com/...This TV Show is available upon demand...This means if you want the download link for this show, you should  reply here and we will reply  for you the download link ASAP...So please if you want to download this please don't hesitate reply here and we will be more than happy to post it for you..../newsimg/13/10/htc-first-loss/thumb.jpg" width="70" height="92" hspace="3" alt="" border="0" align=left style="background:#333333;padding:0px;margin:0px 4px 0px 0px;border-style:solid;border-color:#aaaaaa;border-width:1px" /> <p>TCL Chairman Li Dongsheng has a post on his Weibo account in which he hints a possible tie-up between his company and HTC. In the post, Dongsheng expresses his admiration for Cher Wang, founder and chairman of HTC and suggests that both companies could pose a serious threat to the likes of Apple and Samsung.



This isn't the first time TCL's Chairman hints at operations behind the scenes in this Weibo account. Previously, he noted made a small indication of TCL's partnership with Baidu on the TV front.

Back in 2004, TCL invested €55 million in Alcatel's phonemaking business in return of 55% shareholding and a year later bought the remaining 45% for $8.1 million. Now, 9 years later, Alcatel is doing nicely and showcased some great smartphones at IFA 2014.

HTC's latest quarter results show the company only managed to return a profit thanks to tightening its belt and cutting costs. Similarly to what it did with Alcatel, TCL could invest a considerable amount of money in HTC resulting in the phonemaker having more room to breathe and produce great products.

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