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Smartphone Maker HTC Explores Strategic Options

  • HTC working with adviser, may seek to spin off Vive VR arm
  • Company talks with firms including Google as it weighs options
Bloomberg business news

HTC Said to Explore Strategic Options

Updated on

HTC Corp., the beleaguered manufacturer that once ranked among the world’s 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 its Vive virtual reality headset business or spinning off the unit, the people said. HTC has held talks with companies including Alphabet Inc.’s Google, according to the people, who asked not to be identified because the information is private.