HTC sees first profitable quarter in three years after Google sale

  • HTC posted a very respectable profit in Q1 of 2018 thanks to deal with Google. The agreement in question was originally announced towards the end of 2017, hence why the profit isn’t exactly surprising despite lackluster hardware sales, but it certainly puts the Taiwan-based company back on track after a tough year.

    The deal between the companies saw Google purchase a big part of HTC’s development team, which includes hundreds of hardware and software engineers, for a total of $ 1.1 billion in the hope of improving the Pixel line of smartphones. And now, after taking into account HTC’s losses …

  • Leave a Reply

    Your email address will not be published. Required fields are marked *