Wednesday, November 1, 2017

Google will absorb the famous smartphone manufacturer

The search giant Google intends to buy out a mobile unit of HTC. This is reported by the Commercial Times.
According to the interlocutor of the publication, at the moment Google and HTC are at the last stage of negotiations. It is known that the search giant views both the purchase of the smartphone production unit and the possibility of a strategic partnership with the Taiwanese company.


In the case of sales of mobile business, HTC will continue to manufacture the VR-helmet Vive and some other devices. The amount of the possible transaction and its terms have not yet been disclosed.



As experts note, the acquisition of one of the divisions of HTC is a fairly predictable step for the search giant, as it was the Taiwanese company that produced Google Pixel and Pixel XL smartphones. In addition, it is known that the factories of HTC are now assembling the younger model Pixel 2.



The past year has become for the Taiwanese manufacturer the worst in 13 years. According to the latest financial report, HTC's revenue fell by more than half - by 51.1%. The company tried to save the situation by releasing the flagship smartphone U11, but the device did not meet the expectations of consumers and failed on sale
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