HTC Corp (2498.TW)
22 Sep 2017
TAIPEI/SINGAPORE When HTC Corp brought back founder Cher Wang two years ago to turn around the struggling Taiwanese mobile phone maker, investors hoped she could stem a sharp loss in market share to Apple and Samsung Electronics.
* HTC needs to take hard look at smartphone business - analyst
TAIPEI Shares in Taiwanese technology company HTC Corp rose 9.96 pct in early trading on Friday.
TAIPEI, Sept 22 Shares in Taiwanese technology company HTC Corp rose 9.96 pct in early trading on Friday.
TAIPEI/SAN FRANCISCO Alphabet Inc's Google said it would pay $1.1 billion for the division at Taiwan's HTC Corp that develops the U.S. firm's Pixel smartphones - its second major foray into phone hardware after an earlier costly failure. | Video
Sept 21 HTC Corp * Says share trade to resume on Sept 22 Source text on Eikon: Further company coverage: (Reporting by Hong Kong newsroom)
* Google will also gain access to HTC's intellectual property
HONG KONG (Reuters Breakingviews) - HTC is embracing an alternative reality. The ailing Taiwanese group is offloading part of its handset unit to Google for $1.1 billion. This will free up HTC to focus more on its risky but promising virtual reality business, where it is winning market share. Deeper ties with the U.S. giant might also help fend off rivals like Sony and Facebook.
* HTC's Vive platform will actively continue to expand - Chairwoman Cher Wang
TAIPEI, Sept 21 Alphabet Inc's Google will acquire part of Taiwanese smartphone maker HTC's smartphone operations for $1.1 billion, the companies said in a joint statement on Thursday.