Friday, 8 September 2017

Google Ready to Buy off HTC Smartphone Business

Only the strong can survive in this smartphone business… unfortunately, HTC is in a bad shape and about to give up just like the oldblackberry. This has been going on for a while now, following the undeniable failure of HTC 10 and according to the latest report,  HTC experienced a 51.5% decline in revenue from the previous month and a 54.3% decline from last August, making it their worst month in the past 13 years.

Right now, HTC is financially handicap and rumor has it that Google is about to acquire HTC smartphone business with two options on the table: either becoming a strategic partner, or outright buying the entire smartphone unit.

When a business repeatedly experiences losses, then it’s a signal that its time to hang the boot for others to take over just like what Usain Bolt did.

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