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Tag: htc google deal

  • Taiwan’s Investment Commission approved HTC/Google deal

    Taiwan’s Investment Commission approved HTC/Google deal

    Late Friday, Taiwan’s Investment Commission approved Google’s $1.1 billion acquisition of HTC’s ODM business which was originally announced in late September. With the approval granted, the deal between Google and HTC is expected to close in Q1 of 2018. HTC’s stock price jumped nearly 6% on Monday and is expected to continue to climb in 2018. The deal…

  • HTC’s operating costs will plummet 30-40% once Google deals is approved

    HTC’s operating costs will plummet 30-40% once Google deals is approved

    The deal HTC struck with Google last week still needs to be reviewed by regulators and likely don’t go into effect until early 2018, but it’ll a significant impact on HTC’s bottom line. Yes, an extra $1.1 billion in cash will definitely help HTC get back on its feet, but selling off half of its…