Google does not take over all of HTC's mobile division, but only part of it, which is associated with Pixel smartphones. Google also obtained a non-exclusive license for Taiwanese patents. With this deal HTC will earn over $ 1 billion to invest in new smartphones and Vive.
On the subject of the contract signed between HTC and Google, there were many unconfirmed gossip. Given the catastrophic situation of the Taiwanese people, it was suspected that they were selling the entire American mobile division to focus solely on Vive goggles. It turns out that in this rumor was a grain of truth.Under Google's agreement with HTC, Google's Pixel head Rick Osterloh will take over some of HTC employees and engineers. For the vast majority, this is the team responsible for working on the Pixel stripes . Thanks to this, Google will now have full control over the design of its smartphones. Now the return of Made by Google (created by Google) will make much more sense. Only their production will remain the task of external players, but this is a phenomenon often found in the industry – even if Apple uses Foxconn's help. The signed agreement also includes a clause for Google to acquire a non-exclusive license for Taiwanese patents. All this business will make HTC make a lot of money – Americans will pay them as much as $ 1.1 billion . HTC is going to use this money for further development. Future plans include a new flagship , the development of Vive's goggles, and Internet investments in Things, Extended Reality (AR) and AI. It seems that HTC will not disappear from the smartphone market in the near future. Let's hope that a powerful cash injection will help the company stand on its feet – at the end of the competition never too much. May this time succeed because further falls sooner or later may lead to Google taking over entire HTC and not just part of the mobile department. Source: Google , HTC