About HTC sharp downsize in smartphone division

foosoomin

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see this webpage: https://www.reuters.com/article/us-...billion-for-htcs-pixel-division-idUSKCN1BW06L


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Key sentence:

The Taiwanese firm will continue to run its remaining smartphone business but the sharp downsizing of its mainstay operations has cast some doubt over its longer term future.


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I think we will still see new flagship phone next year though.............






Current U11 with "squeeze" function still cannot help the company much, though it's a new innovation on smartphones
 

foosoomin

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another webpage link:

https://www.bloomberg.com/gadfly/articles/2017-09-21/htc-messed-up-its-google-deal





Why HTC sell part of it's smartphone division


1) the main point of this deal is to cut costs. It will do that with a 30 percent to 40 percent reduction in operating expenses



2) HTC says it wants to use the larger cash pile to invest in future technologies and businesses. Beyond smartphones, a declining sector for the company, that future is built around virtual reality.




Important: Read Point 2,


- invest in future technologies and businesses

- Beyond smartphones, a declining sector for the company, that future is built around virtual reality.






Summary: HTC brand smartphones, hope the company marketing strategy help improve the company
 
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