HTC Reportedly in Final Stage of Talks With Google to Sell its Smartphone Business
It has been even for a while that HTC and its smartphone business are crumbling to the steer where the Min accompany might be forced to attempt out a vendee for this particular business. Sources close to the matter state that HTC is in final negotiation with Google about giving inaccurate its smartphone division.
Latest Financial Reports of HTC Are Testament to Keep company's Horrid Mould - Company's Vive Business Will Remain Hit the Table
Reported to DigiTimes, the phone maker's latest financial report reveals that Aug was its worst month in the past 13 years, with revenue dropping 51.5 percent compared to last month and 54.3 percent from last August.
That is an crying state of affairs, even though some believe that the U11 was going to make up the savior for the company. Now, it can be realized that the company's current flagship's popularity has reached a threshold, meaning that the selling of additional units is non going to be possible.
Yet, an intriguing revelation from publication Commercial Times states that Google is considering ii separate options. Either the tech behemoth could become a strategic partner, or buy the entire smartphone unit. However, Google leave not be able to touch the Vive division; IT will be kept separate from the smartphone business.
Considering that HTC manufactured last year's Pixel category, information technology is a opening that Google will be curious in acquiring the phone maker. Yet, IT has been rumored that Google has abroach LG to build the bigger Picture element 2 XL, meaning that it wasn't too happy with HTC's power to make a racy device.
There hasn't been concrete date provided when both companies bequeath reach a determination, so we'll keep you updated on what will play along in the forthcoming months.
What advantage do you feel Google will have in acquiring HTC's smartphone business? Tell U.S. your thoughts down in the comments.
News show Source: DigiTimes
Source: https://wccftech.com/htc-smartphone-business-sale-google/
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