RIGHT BG
Chinese electronics maker TCL Corp has no plan of purchasing Taiwan-headquartered smartphone maker HTC in the following three months, the company said Saturday.
TCL's statement refuted media reports that TCL President Li Dong-sheng implied an intent to buy HTC on his Sina Weibo account on October 4 when he wrote that cellphone makers from Taiwan and the Chinese mainland should join hands to compete with foreign rivals.
HTC counting on cheaper phones to return to profit
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2013-12-05HTC expects Q4 revenue drop, plans to cut costs
2013-11-06TCL to buy part of Shenzhen Textile Holdings
2014-04-09TCL to release video game console
2014-01-28TCL will sell property unit to Fantasia
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