Huawei Rules Out Bids to Buy BlackBerry or HTC

Huawei has ruled out bidding for another mobile phone manufacturer, such as HTC or BlackBerry in the wake of Nokia’s sale to Microsoft.

Huawei’s smartphone chief, Richard Yu had previously said that the company might consider acquisitions, but this was later claimed to be a mistranslation of his original comments. Chen Lifang, a member of Huawei’s executive board, said the company had not considered a bid for HTC. She said: “No, we have not considered it. We want to rely on ourselves. In manufacturing mobile phones we have made very good progress.”

Ms Chen also rejected any suggestion of an approach for BlackBerry.

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