HTC sells a smartphone factory to boost VR business

Former smartphone giant HTC sold a Shanghai phone manufacturing facility so it boost its investments in the VR business. The buyer Xingbao Information Technology paid CNY630 million or approximately $91.17 million for the plant.
Thedeal with XIT should not hurt distribution and sales of the latest HTC U Ultra and HTC U Play.
Source | Via

Comments

Popular posts from this blog

Alleged HTC Butterfly S successor shows up in AnTuTu database

Galaxy S5 pre-orders in Sweden, Russia and Czech Republic

New rumor suggests OnePlus 3T will be cheaper in China

Future Nokias may have Carl Zeiss optics, but HMD is playing coy

Report: Galaxy S8's facial recognition tech will be used for mobile payments

Galaxy S7 edge Injustice Edition available to pre-order in Indonesia