-
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…
-
HTC could soon be looking for a buyer to help save the company
A report from Bloomberg claims that the company is working with an advisor to determine the best course of action for the company. Options which are currently being discussed include completely spinning off HTC’s Vive virtual reality business or bringing in a strategic investor to buy HTC outright. Based on the market’s current valuation, HTC is…