Google agrees to buy part of HTC for $1.1 billion

Google agrees to buy part of HTC for $1.1 billion

Google agrees to buy part of HTC for $1.1 billion

Alphabet subsidiary Google announced on Thursday that it signed a $1.1 billion cooperation agreement with Taiwanese smartphone maker HTC to bolster its smartphone and emerging hardware business. Under the agreement, Google will acquire a team of ...


CNBC
Google to buy part of HTC's smartphone operations for $1bn

HTC's worldwide smarpthone market share declined to 0.9% last year from a peak of 8.8% in 2011, according to IDC. Google's Pixel also had less than 1% market share since it was launched a year ago, with an estimated 2.8 million shipments, IDC estimates.


The Guardian Read on the original site - Google agrees to buy part of HTC for $1.1 billion