Palm ‘looking for a buyer’ – HTC and Lenovo in the frame

by admin April 12, 2010 at 11:18 am

Palm has put itself up for sale and is actively looking for bids this week, according to Bloomberg.

Following the company’s poor performance over the last few months, speculation has been rife that a sale was on the cards.

Sales of the company’s WebOS Pre and Pixi phones have been disappointing, the WebOS operating system itself has been widely criticized, and pricing through its deal with Sprint was regarded as overly high.

It currently has just 4.3 percent of the US smartphone market, according to Gartner.

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