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  1. HTC To Sell Mobile Phone Assets To Google For USD1.1 Billion

    by , 09-30-2017 at 07:15 PM
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    Taiwanese smartphone maker HTC has signed an agreement with Alphabet subsidiary Google to sell some of its mobile phone businesses to the latter for USD1.1 billion.

    With this transaction, HTC's nearly 2,000 employees who worked with the company on its Pixel smartphone will join Google. Meanwhile, HTC will provide non-exclusive licenses to some of its intellectual properties to Google.
    Cher Wang, chairman of HTC, said that HTC has ...
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