Google bets on hardware growth in US$1.1 billion deal with Taiwan’s HTC
Thursday, 21 September 2017 Google, the world’s biggest internet company, is ratcheting up efforts to grow its hardware business to better compete with Apple, Samsung and major Chinese makers of smart devices with a US$1.1 billion deal with struggling Taiwanese smartphone maker HTC Corp. In joint announcement on Thursday, the two companies said some HTC employees would formally join Google to develop smartphones and other devices. Many of the undisclosed number of HTC staff are already involved in making Google...
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
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