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HTC Source | December 18, 2014

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Rumor: HTC named as possible suitor for Panasonic’s mobile phone business

Rumor: HTC named as possible suitor for Panasonic’s mobile phone business

According to SankeiBiz, HTC has been named as a possible buyer of Panasonic’s mobile phone business. Panasonic currently has efforts in place to stabilize the company and refine its product line in an effort to maximize shareholder value. Over the years, Panasonic has dabbled in the mobile phone industry on more than one occasion, but the company has never really produced anything that really resonated with consumers.

At this point, it’s unclear what the benefit to HTC would be. Panasonic isn’t a dominant global consumer electronics brand like Sony, Samsung, LG or even Sharp, but the company does have a strong presence in Japan and several other Asian nations. For all we know, Panasonic may have a treasure trove of intellectual property which could help HTC in its legal struggles against competitors like Samsung and Nokia.

We’ll be sure to keep you up to speed on this situation if any additional details are made available.

Source: SankeiBiz

About Nick Gray

Tech enthusiast, Android user and founder of the first HTC blog – Nick Gray has been blogging about HTC phones before most people knew what a smartphone even was. Over the years Nick has owned and tested dozens HTC devices and is constantly flashing new ROMs to his Android phones.

  • mussosoup

    Should we be worried about this? If Panasonic acquires HTC, it would be a whole new game changer – let alone on its current One products.

    • http://htcsource.com Nick Gray

      The rumor indicates HTC would buy Panasonic’s mobile phone business, not the other way around. Essentially, Panasonic would hand over its phone manufacturing capabilities, mobile related intellectually property and mobile naming rights to HTC.

      • musso

        Oh sorry for the misread. If that’s the case, it’s potentially good news.