HTC says it remains committed to Vive and its own smartphones after $1.1B deal with Google
HTC says it remains committed to Vive and its own smartphones after $1.1B deal with Google The $1.1 billion cooperation deal announced today between HTC and Google ended months of speculation, but prompted new questions. Chief among them is how exactly will the agreement affect HTC, which has dealt with a series of setbacks and lackluster earningsover the past few years. In a press conference today at HTC’s headquarters in Xindian, New Taipei City, the company said it remains committed to its own products, including smartphones and Vive, and will continue developing them even after 2,000 HTC employees—nearly a fifth of its current staff—move to Google as part of the deal. Mario Queiroz and Rick Osterloh of Google, HTC CEO Cher Wang and CFO Peter Shen at today’s press conference at HTC headquarters.