First English Daily Published From The Saudi Capital | 19-09-2017 18:15

Smartphone maker HTC exploring strategic options: Bloomberg


A HTC "U11" smartphone is displayed in this illustration photo taken August 1, 2017.
Reuters
2017-08-25 12:48:03

    Smartphone maker HTC Corp is exploring options that could range from spinning off its virtual reality business to selling itself, Bloomberg News reported on Thursday.

The Taiwanese firm is working with an adviser as it considers bringing in an investor or selling its Vive virtual reality headset business, Bloomberg report, citing people familiar with the matter.

A full sale of the company is less likely as it does not fit obviously with one buyer, Bloomberg reported.

Reuters could not immediately reach HTC for comment.



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