Google To Buy Part Of Smartphone Maker HTC For $1.1 Bn: Taiwan Firm

Rukhshan Mir (@rukhshanmir) Published September 21, 2017 | 09:45 AM

Google to buy part of smartphone maker HTC for $1.1 bn: Taiwan firm

TAIPEI, Sept 21, (UrduPoint / Pakistan Point News - 21st Sep, 2017 ) - Taiwan's struggling smartphone maker HTC said Thursday it was selling part of its smartphone business to US technology giant Google for $1.1 billion.

The deal includes intellectual property licensing and half of its research staff, or around 2,000 people, and is expected to be completed in early 2018 pending regulatory approval, HTC said.

Facebook Twitter Reddit Pinterest Whatsapp

Prize Bonds

PSX 100 Index

Currency Rates

Gold Prices

Petrol Prices

Crypto

Recent Stories

Delegation of international investors meets Financ ..

Delegation of international investors meets Finance Minister

Federal Govt stands with Balochistan for its devel ..

Federal Govt stands with Balochistan for its development: Naqvi

UAE President receives condolences of Prime Minist ..

UAE President receives condolences of Prime Minister of Pakistan over passing of ..

ECC approves to enhance wheat procurement target ..

ECC approves to enhance wheat procurement targets

UN urges Israel to 'stop escalation' as tanks ente ..

UN urges Israel to 'stop escalation' as tanks enter Gaza's Rafah city

EU stumps up $125 mn for Yemen after aid groups' p ..

EU stumps up $125 mn for Yemen after aid groups' plea

Governor Tessori condemns May 9 riots, calls it a ..

Governor Tessori condemns May 9 riots, calls it a 'pre-planned conspiracy'

PM condoles with UAE President over Sheikh Tahnoun ..

PM condoles with UAE President over Sheikh Tahnoun’s death

Milan nets Giro 4th stage, Pogacar retains lead

Milan nets Giro 4th stage, Pogacar retains lead

UBS back in profit after Credit Suisse takeover lo ..

UBS back in profit after Credit Suisse takeover losses

Asiya Gul lauds Shafaat's services as DG LG

Asiya Gul lauds Shafaat's services as DG LG

President for dialogue with all political forces i ..

President for dialogue with all political forces in Balochistan