Google in talks to acquire HTC’s smartphone business: report
An HTC One smartphone is displayed in a mobile phone emporium in Taipei Apr 8, 2013. PHOTO: REUTERs
Google is apparently in talks to acquire all or partial of Taiwan-based HTC’s smartphone business.
According to a news by a Taiwanese news outlet The Commercial Times, the understanding is in a final stages, the CNBC reports.
Last month, another story suggested HTC was meddlesome in being acquired.
HTC was once one of a some-more renouned smartphone makers in a United States though has recently strike a wall with several catastrophic smartphone launches.
HTC unveils U11, a smartphone that we fist to correlate with
With HTC being familiar with a Google smartphone domain due to a launch of Google Pixel, that a Taiwanese association helped build, it seems like a understanding that would make sense.
Google progressing acquired Motorola Mobility though now sole it off, that raises doubts over what Google skeleton to do with this merger if it were to happen.
The news settled that HTC’s bad financial position and along with Google’s mantra to “perfect a formation of software, content, hardware, network, cloud, and AI,” is a pushing force behind deal.
Google’s subsequent era Pixel smartphones expected to be launched in October
They might also simply buy HTC’s smartphone RD team, that suggests that a HTC Virtual Reality group would exist eccentric of any Google affiliation.
Google and HTC declined to comment.
Article source: https://tribune.com.pk/story/1501200/google-talks-acquire-htcs-smartphone-business-report/