HTC refutes Asus takeover rumours in strongly worded statement

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Last week saw reports that the takeover of struggling local rival, HTC, had been discussed internally at Asus. The chairman of Asus had even gone so far as to say that it hadn’t ruled out the possibility of such a takeover, thus causing many articles to be written about the possible takeover. In response, HTC has today released a statement to its investors saying that such a takeover is not on the cards. Read more

Asus hasn’t ruled out taking over struggling HTC

ASUS Chairman Jonney Shih announces latest innovations at Zensation press event in T

Asus is currently riding a high after announcing that its mobile division turned a profit in May, having sold over 1.5 million smartphones in the month. With the release of its aggressively priced ZenFone 2 in North America, Asus expects the trend to continue and hopes to sell around 2 million handsets in June. As is natural with companies seeing positive results, Asus has given its rivals the once over to see if it is financially viable to expand by taking over a competing company to fuel further growth. Read more

HTC slide continues after sales forecast cut becomes official

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Last week HTC’s stock price hit a new low when news leaked that supply chain companies had been advised that HTC was cutting their sales forecast for 2015. The stock market continued to punish the company after HTC officially announced on Friday they were cutting quarterly sales projections by as much as 35 percent. This triggered a new dip in the stock price to NT$83.60 ($2.69 USD) on Monday. Read more

SteamVR starts shipping Vive Developer Edition

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Earlier this year HTC announced they were partnering with Valve to bring a virtual reality headset to market. While HTC is supplying the hardware, Valve is supplying the software through their SteamVR platform. In April Valve started accepting applications for developer editions of the device. This week Valve announced they have started shipping the first batch of devices to selected applicants. Read more