HTC might spin off Vive business or sell entire company
HTC has brought on an adviser as it explores several paths for the struggling company’s future, according to Bloomberg. One idea under consideration spinning off or selling the Vive virtual reality business. Earlier this week, HTC lowered the price of its Vive headset by $200 in an attempt to make the immersive VR device accessible to more consumers.
Another option for HTC, which Bloomberg reports to be significantly less likely, is a sale of the entire company. But finding a single buyer for all of HTC won’t be easy, which makes separating the Vive and smartphone sides of the business a bit more practical. HTC’s financial earnings continue to trend downward, though the company has managed to curtail operating losses in recent quarters….
