updated 05:35 pm EDT, Wed August 10, 2011
HTC plansm major news event August 11
HTC late Wednesday said it would hold a "major news announcement" on Thursday morning. The company wouldn't say what was involved but would have CEO Peter Chou speaking during a conference call live from LA. No other direction was given.
Such sudden announcements are never reserved for product announcements and suggest that the news is relating to a corporate-level issue.
A possibility exists that it might have reached a settlement with Apple. HTC has signaled a willingness to make a deal with Apple following its loss in an ITC patent dispute and was facing a possible repeating with the start of a second investigation. Buyouts of S3 and Dashwire, which many believe were for patents, may not have given HTC any safeguards.
A small chance exists of a takeover, such as by Microsoft. The Windows Phone developer has been eager to buy market share and made its deal with Nokia for the same reason. HTC's relatively large size, however, as well as antitrust concerns might keep Microsoft from risking such a deal.