0
Wireless

Google buys HTC assets for USD 1.1 billion

Thursday 21 September 2017 | 08:42 CET | News
Google has agreed to take over staff and assets of smartphone maker HTC for USD 1.1 billion. Google said the takeover will strengthen its hardware business, including the Pixel smartphones on which HTC already cooperates. HTC will continue to make smartphones and VR devices under its own brand. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Google / HTC
Countries: World
::: add a comment
This article is part of dossier

IoT


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Google to launch lower-priced smartphone in hardware push - report

Published 14 Feb 2019 12:25 CET | World
Google plans to unveil its first lower-priced smartphone this year as part of an aggressive push into hardware that it hopes will ...

HTC sees Q4 loss triple after inventory write-offs

Published 26 Mar 2018 11:22 CET | World
HTC saw its net loss more than triple in the fourth quarter, to TWD 9.8 billion (EUR 271 million) from TWD 3.1 billion a year ...

HTC smartphones president Chang resigns

Published 14 Feb 2018 09:44 CET | World
HTC announced that Chialin Chang, the president of its smartphone and connected device business, is leaving the company. He will ...

Google completes acquisition of HTC assets, to expand focus in APAC region

Published 30 Jan 2018 09:14 CET | World
Google has completed its acquisition of HTC's staff and assets. The deal was announced in September, with a price tag of USD 1.1 ...

Gaming industry executive Harrison joins Google

Published 23 Jan 2018 06:21 CET | World
Google appointed Phil Harrison as Vice President and GM of Google. Harrison has a vast experience in the PC and gaming industry. ...

HTC targets high-end VR market with new Vive Pro headset

Published 09 Jan 2018 09:28 CET | World
HTC unveiled at CES the new Vive Pro virtual reality headset, an upgrade of its previous headset with enhanced ...

HTC revenues fall 20.5% in 2017

Published 08 Jan 2018 10:09 CET | World
HTC reported total revenues of TWD 62.12 billion for 2017, down 20.5 percent from a year earlier. In the final month of the year, ...

Google invests in Chinese mobile game live streaming platform Chushou

Published 05 Jan 2018 09:34 CET | China
Chushou, a mobile game live streaming platform from China, closed its latest round of financing with the addition of Google as ...

HTC revenues down again in November

Published 07 Dec 2017 09:24 CET | World
Smartphone maker HTC reported another double-digit fall in sales in November, with revenues down 26.2 percent year-on-year to TWD ...

HTC kondigt derde lichting Vive X aan

Published 01 Dec 2017 11:54 CET | World
Vive X, het wereldwijde initiatief van HTC om start-ups in de VR/AR-wereld te ondersteunen, heeft vandaag de derde lichting van ...

HTC losses widen in Q3

Published 10 Nov 2017 09:31 CET | World
HTC's operating loss widened to TWD 3.3 billion in the third quarter from TWD 2.0 billion a year earlier, as revenues fell 29.3 ...

HTC revenues fall 29% in October

Published 06 Nov 2017 10:45 CET | World
HTC reported revenues in October down 28.8 percent year-on-year and 6.9 percent lower versus September, to TWD 6.064 billion. The ...

HTC unveils premium U11 Plus, mid-range U11 life with Android One

Published 02 Nov 2017 09:14 CET | World
HTC has unveiled two new versions of its U11 smartphone. The U11 Plus is a premium version of HTC's flagship phone, while the U11 ...

HTC to unveil upgraded U11 smartphone 02 November - report

Published 19 Oct 2017 16:42 CET | World
HTC has sent out invitations for a product event to be held in Taipei on 02 November. The company is expected to announce a new ...

Facebook to launch USD 199 wireless 'Oculus Go' VR headset

Published 12 Oct 2017 08:54 CET | World
Facebook CEO Mark Zuckerberg has confirmed at the annual developers conference of its Oculus division that the company will ...

Amazon, Google, Facebook step up competition in CPE market

Published 28 Sep 2017 17:07 CET | World
Google is acquiring personnel and assets from HTC, while Amazon is expanding further its range of smart home devices. The ...

Google launches Android One Moto X4 smartphone for Project Fi users

Published 21 Sep 2017 10:52 CET | United States
Google announced a new Android One smartphone for customers of its US mobile service Project Fi. The Moto X4 phone responds to ...

Google neemt personeel en expertise over van HTC

Published 21 Sep 2017 08:20 CET | World
Google neemt een deel van HTC over. Het internetconcern betaalt de Taiwanese device-aanbieder 1,1 miljard dollar. De overname ...

HTC sales plunge 54% in August

Published 07 Sep 2017 16:18 CET | World
Smartphone maker HTC reported a sharp deterioration in sales in August, with revenues down 54 percent year-on-year to TWD 3.00 ...

HTC considers possible sale, spin-off of VR business - report

Published 25 Aug 2017 09:32 CET | World
HTC is exploring strategic options that could range from separating its virtual-reality business to a full sale of the company, ...

HTC slashes price of Vive virtual reality headset by USD 200

Published 21 Aug 2017 10:44 CET | World
HTC has announced that it's reducing the price of its Vive virtual reality headset from USD 799 to USD 599 in a bid to compete ...

HTC reduces losses in Q2, sales up 11% vs Q1

Published 14 Aug 2017 08:53 CET | World
HTC narrowed its losses in the second quarter thanks to a continued reduction in costs. The net loss reduced to TWD 2.0 billion ...

HTC, Lenovo to develop standalone VR headsets with Google

Published 18 May 2017 10:00 CET | World
Google is moving ahead with new options for virtual reality, announcing at its I/O developers conference plans for standalone VR ...

HTC unveils new flagship U11 smartphone

Published 16 May 2017 09:39 CET | World
HTC has presented its new flagship smartphone, the HTC U11. The successor to the HTC 10 sees the company coming with a new ...





Calendar   /   Industry Events

16 Jul Telekom Austria Q2 2019
16 Jul Telenor Q2 2019
16 Jul America Movil Q2 2019
17 Jul Crown Castle Q2 2019
17 Jul Limelight Networks Q2 2019
17 Jul Netflix Q2 2019
17 Jul Ericsson Q2 2019
17 Jul Wipro fiscal Q1
17 Jul Brightcove Q2 2019
17 Jul Tele2 Q2 2019
17 Jul Infinera investor webcast
17 Jul Fiber Optic Expo
18 Jul Nordic Entertainment (NENT) Q2 2019
18 Jul Microsoft fiscal Q4
18 Jul Millicom Q2 2019
18 Jul CrowdStrike fiscal Q1
18 Jul Telia Q2 2019
19 Jul DNA Q2 2019
22 Jul NOS Q2 2019
22 Jul Logitech fiscal Q1
23 Jul Megacable Q2 2019
23 Jul AudioCodes Q2 2019
23 Jul Calix Q2 2019
23 Jul Iridium Q2 2019
23 Jul Snap Q2 2019
23 Jul Vodafone AGM
::: More Calendar Items