HTC Reportedly in Final Stage of Talks With Google to Sell its Smartphone Business
http://wccftech.com/htc-smartphone-business-sale-google/
It has been true for a while that HTC and its smartphone business are crumbling to the point where the Taiwanese company might be forced to seek out a buyer for this particular business. Sources close to the matter state that HTC is in final talks with Google about giving away its smartphone division.
According to DigiTimes, the phone maker’s latest financial report reveals that August was its worst month in the past 13 years, with revenue dropping 51.5 percent compared to last month and 54.3 percent from last August.