HTC denies Asus acquisition rumours

Just days after there were reports that Asus is considering purchasing HTC, the latter has denied the news saying that it is not interested in getting acquired.

"We strongly deny the news. We didn’t contact Asusteck and will not consider the acquisition," the struggling smartphone maker said. "As an international brand, HTC will continue to design world-class innovative smart devices through its pursuit of brilliance brand promise."

If you aren't already aware, HTC CEO Cher Wang promised earlier this month that the company will release a new hero product later this year.