|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||10.60 - 10.72|
|52 Week Range||10.51 - 13.90|
|PE Ratio (TTM)||20.48|
|Dividend & Yield||0.68 (6.38%)|
|1y Target Est||N/A|
The rumored deal between Alphabet Inc’s (NASDAQ:GOOG, NASDAQ:GOOGL) Google and Taiwanese smartphone maker HTC is now official. The terms of the Google acquisition do mean the search giant gets design expertise for its Pixel smartphones. Rumors ramped up during September that Google was making a move to buy HTC’s smartphone business.
The Taiwanese company helps make Google's Pixel phones.
Although there are five Chinese firms among the top ten global smartphone manufacturers, Apple (AAPL) and Samsung (SSNLF) account for more than 90% of operating profits in this space.