MojoKid writes "Earlier in the month, it was reported that Palm was being shopped around. At that time, two of the main potential suitors were HTC and Lenovo. HTC obviously felt like the best fit. Lately, HTC has shown that it has a penchant for creating fantastic hardware, but it has to rely on Google and Microsoft for software. It seemed as if buying Palm would give HTC the power they needed to move ahead as a standalone unit, pairing HTC hardware with the WebOS mobile operating system. Apparently, that's not going to happen. Based on a new report out of Asia, HTC has declined to place an official bid on Palm, leaving Lenovo as the only other potential buyer at the moment."