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LATIN, MATRIPEDICABUS, DO YOU SPEAK IT
https://www.bloomberg.com/news/arti...aker-htc-is-said-to-explore-strategic-options
HTC Corp., the beleaguered manufacturer that once ranked among the worlds top smartphone makers, is exploring options that could range from separating its virtual-reality business to a full sale of the company, according to people familiar with the matter.
The Taiwanese firm is working with an adviser as it considers bringing in a strategic investor, selling or spinning off its Vive virtual reality headset business, the people said, asking not to be identified because the discussions are private. A full sale of HTC, which has businesses ranging from VR to headset manufacturing, is less likely because it isnt an obvious fit for a single acquirer, one of the people said.
No final decisions have been made and HTC may choose not to proceed with any strategic changes, they said.
Representatives for HTC didnt immediately respond to a request for comment.
HTCs market value has slumped about 75 percent in the past five years to $1.8 billion as its smartphone market share dipped below 2 percent. The Taoyuan City-based firm has been attempting to refocus its growth prospects on the high-end VR business, with shipments of the Vive headset totaling more than 190,000 units in the first quarter, according to research firm IDC. HTC also has a contract manufacturing deal to assemble Googles Pixel handset.
Who might acquire HTCs phone business is an open question, Llamas said. A logical buyer might be a manufacturer in China, he said.
Vive is a different beast from Facebook Inc.s Oculus VR and Sony Interactive Entertainment LLCs PlayStation VR, Llamas said. I am not seeing other companies really making that play, competing in that same area, he said.