https://www.theverge.com/2017/9/20/16342828/htc-phone-next-flagship-google-deal

HTC and Google have just made official a $1.1 billion agreement whereby a substantial proportion of HTC’s smartphone design and engineering team will move to work for Google. While the specific details of the deal have not yet been disclosed, one question has been answered preemptively by HTC’s press release: the company’s own-brand smartphone business will carry on with at least one more flagship.

“This agreement also supports HTC’s continued branded smartphone strategy, enabling a more streamlined product portfolio, greater operational efficiency and financial flexibility. HTC will continue to have best-in-class engineering talent, which is currently working on the next flagship phone, following the successful launch of the HTC U11 earlier this year.”