HTC Reaffirms Commitment To Phones, Denies Rumors Of Sale

Despite churning out what is probably the most beautiful Android device that I've ever laid eyes on, Taiwanese phone maker HTC is in trouble. The company has failed to post financial reports that impress, and the forecast for the next quarter is disappointing as well. The future looks bleak for HTC, but their new One Mini and upcoming One Max could turn things around for the company, if they price their products right (so as to be able to drive sales). There were rumors of Huawei or ZTE in talks to buy HTC, but the asking price ($2 billion) was too high for either of these Chinese phone manufacturers to buy a dying company just to that they could get into the US carrier loop. Here's the official statement made by HTC:

"Based on recent inquiries related to rumors that HTC is looking to sell the company, we want to confirm that those rumors are untrue. HTC is committed to innovation and will continue to deliver new designs and products to consumers worldwide. We appreciate the support and affirmation of our customers and have new initiatives underway to further build our global presence and a full resurgence of the HTC brand."-HTC