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$1.1 billion HTC/Google partnership officially unveiled
HTC has officially announced a strategic partnership with Google worth $1.1 billion. While rumors suggested that Google was interested in buying HTC’s smartphone business, the deal focused specifically on the team at HTC which has been collaborating with Google in building its Pixel phones and a non-exclusive licensing agreement which would give Google direct access…
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Details of the HTC/Google deal to be shared at HTC town hall tomorrow
After HTC announced a temporary halt to trading of the company’s stock for tomorrow, Evan Blass has shared that the rumored deal between HTC and Google will be shared with HTC employees tomorrow at a company townhall. The exact details of the deal are still a mystery, but Evan’s second Tweet mentioned that Google will…
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HTC freezes trading ‘pending a major announcement’
After trading markets closed in Taiwan today, HTC announced a halt to trading of its company’s shares. HTC has not given any indication as to why trading of the company’s stock will not be allowed tomorrow (or possibly the following day), but there’s a good chance that HTC is getting ready to announce that it…
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Google may be ready to buy HTC’s smartphone business
The end is near. According to a new report, HTC and Google are currently in talks which could lead to HTCs smartphone business being handed over to Google. This news comes a week after it was reported that HTC was looking at strategic options which would help the comany get back onto its feet. As…
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Q2 numbers are it: the HTC U11 failed to return HTC to profitability
HTC has shared its Q2 earnings report for 2017, marking the company’s 9th quarterly loss. Revenue for the quarter came in at NT$16.1billion with a gross margin of 13.7%, but the company’s operating costs exceeded its income yet again, resulting in a net loss of NT$2.2billion or $72.47 USD. With all the positive reviews of the HTC…
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HTC’s July revenue is in: the U11 may already be losing its momentum
The numbers are in and it looks like the HTC U11 may already be losing its steam. HTC has just posted its revenue figures for the month of July. For the month, HTC’s recorded revenue was NT$6.19 billion with total revenue for the year reaching NT$36.86 billion. HTC revenue for the month of July is the…
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HTC closes out Q2 with a bang thanks to the U11
As expected, the month of June was kind to HTC. With a full month of HTC U11 sales under its belt, HTC has reported NT$6.89 billion in revenue for the month of June. That figure is 8.4% higher than it was a year ago and 52.1% higher than HTC’s reported revenue for the month of May.…