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HTC forced to take $40 million write-off as OnLive service falters
HTC has had a hard enough time keeping its finances in check on its own, so it never helps when your $40 million investment in another company has to be written off as a loss only a year and a half later. If you follow technology news, you may have heard that OnLive was sold…
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Official: Wi-Fi only HTC Flyer heading to Best Buy this spring
With Sprint’s announcement of the HTC EVO View 4G nicely tucked away, HTC has come forward with a press release of their own. It turns out, HTC was plans to launch a Wi-Fi only version of the HTC Flyer in the U.S. market exclusively at Best Buy, Bust Buy Mobile, and besybuy.com this spring. The…
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HTC purchases Saffron Digital, invests $40 million in OnSmart Mobility
For years, HTC has been investing in its core business. But since they’ve just wrapped up their best year in history, HTC is looking to spread its wings a little. In the past two days, HTC has announced their acquisition of Saffron Digital and a $40 million investment in OnSmart Mobility. Saffron Digital is one…