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HTC is exploring options that could range from separating off its virtual-reality business to a full sale of the company: the latter, however, is unlikely, being that its business portfolio is too diverse to fit with any single potential acquirer.
HTC’s market value has slumped about 75 percent in the last 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 totalling more than 190,000 units in the first quarter, according to research firm IDC. HTC also has a contract manufacturing deal to assemble Google’s Pixel handset.
HTC’s market value has slumped about 75 percent in the last 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 totalling more than 190,000 units in the first quarter, according to research firm IDC. HTC also has a contract manufacturing deal to assemble Google’s Pixel handset.