|Bid||70.40 x 0|
|Ask||70.50 x 0|
|Day's Range||70.20 - 71.80|
|52 Week Range||59.70 - 95.90|
|PE Ratio (TTM)||-6.53|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Alphabet Inc's Google says it will pay $1.1 billion for a division at Taiwan's HTC Corp that develops the U.S. firm's Pixel smartphones - its second major foray into phone hardware after an earlier costly failure. Graham Mackay reports
Aug.24 -- HTC Corp. is exploring options that could range from separating off its virtual-reality business to a full sale of the company, according to people familiar with the matter. Bloomberg's Mark Gurman reports on "Bloomberg Markets."
TAIPEI/SINGAPORE (Reuters) - When HTC Corp brought back founder Cher Wang two years ago to turn around the struggling Taiwanese mobile phone maker, investors hoped she could stem a sharp loss in market share to Apple and Samsung Electronics. On Thursday, Wang announced HTC was shifting around 2,000 staff, mainly handset engineers, to Alphabet's Google in a $1.1 billion deal that casts doubts over the company's longer-term future. "Our main consideration is that our brand will continue," Chialin Chang, who heads HTC's mobile business, told reporters.
Shares in Taiwanese technology company HTC Corp rose 9.96 pct in early trading on Friday. HTC Corp announced on Thursday that Alphabet Inc's Google would pay $1.1 billion for the division at HTC that develops ...
The struggling Taiwanese smartphone maker has received a cash infusion from Google, emboldening it to chase its goal of perfecting virtual reality gear and high-end only handsets.
Alphabet Inc (NASDAQ: GOOGL ) (NASDAQ: GOOG ) announced through a blog post that it has reached an agreement with HTC Corporation (OTC: HTCKF ), which provided for a team of HTC talent who were already ...
Google said it would buy part of struggling Taiwanese smartphone maker HTC for $1.1 billion in cash, as it accelerates its efforts to crack the handset market.
The day before Apple's latest iPhones hit the market, Google spends a bundle to secure the talent behind its Pixel smartphone.
Gold prices slump as investors move cash into higher-yielding assets following a hawkish market reaction to the Federal Reserve's signals on future interest rate hikes.
Google and HTC Corp. announced a $1.1 billion cooperation agreement Wednesday night, as part of a move by the U.S. tech giant to bolster its hardware offerings.
TAIPEI/SAN FRANCISCO (Reuters) - Alphabet Inc's (GOOGL.O) Google said it would pay $1.1 billion for the division at Taiwan's HTC Corp (2498.TW) that develops the U.S. firm's Pixel smartphones - its second major foray into phone hardware after an earlier costly failure. The all-cash deal will see Google gain 2,000 HTC employees, roughly equivalent to one fifth of the Taiwanese firm's total workforce. It will also acquire a non-exclusive license for HTC's intellectual property and the two firms agreed to look at other areas of collaboration in the future.
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Special Counsel Robert Mueller has asked the White ...
Google agreed to buy part of HTC Corp.’s engineering and design teams for $1.1 billion to bolster the U.S. internet giant’s nascent hardware business.
Alphabet Inc's Google is close to acquiring assets of Taiwanese smartphone maker HTC Corp , Bloomberg reported, citing a person familiar with the matter. The Taiwan stock exchange said on Wednesday that ...
Trading in shares of HTC was suspended in Taiwan pending a major announcement, following reports in Taiwanese media that Google parent Alphabet was planning a takeover of the ailing smartphone maker.
Alphabet Inc.’s Google is close to acquiring assets from Taiwan’s HTC Corp., according to a person familiar with the situation, in a bid to bolster the internet giant’s nascent hardware business.
HTC Corporation , a maker of Android hardware, will halt the trading of its shares Thursday when it expects the release of 'material information,' the Taiwan Stock Exchange said Wednesday. Alphabet Inc.'s ...
Shares in Taiwanese smartphone maker HTC Corp. (2498.TW) have struggled this year but Bernstein reckons there is one dramatic way it could revive its fortunes - cut half its staff. Bernstein explains how HTC's smartphone business could break-even: HTC should cut half of its employees. HTC had 10,929 employees at the end of 2016.
Both companies have dropped their headset VR prices recently, but investors should continue playing the long game with this market.
The Taiwanese firm is working with an adviser as it considers bringing in an investor or selling its Vive VR headset business, according to the Bloomberg report. A full sale of the company is less likely as it does not fit obviously with one buyer, Bloomberg reported. HTC's market value has fallen almost 75 percent to $1.78 billion in the last five years as its smartphone business has suffered heavily.