HTC spurns Asustek as suitor

Phone company HTC has denied rumours that it is willing to be waltzed after a marriage of convenience by giant Taiwanese firm Asustek.

Last week, Asustek chairman Jonney Shih hinted that his firm is interested in buying HTC, which has seen some tough times selling its smartphones over the last couple of years.

But HTC has now moved to squash the rumours, and told its investors that such a marriage wasn’t on the cards.