Google Acquires HTC Talent for $1.1bn

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Louise Lucas and Yuan Yuan, HTC Follows BlackBerry and Nokia off Global tage; Competition and lack of dynamism have sealed fate of handset maker. Financial Times, Sept 22, 2017.
https://www.ft.com/content/2b8dac1e-9e86-11e7-9a86-4d5a475ba4c5

Quote:

(a) "HTC, like Nokia and BlackBerry before it, has become the latest one-time star of the mobile phone world that will now shuffle off the global stage.

"The Taiwanese handset maker has sold a team of 2,000 employees for $1.1bn and some of its intellectual property to Google — admittedly a less ignominious exit than its predecessors — and will retain a heavily scaled down operation.

"Few hold much optimism for its rump telecoms business. 'We believe the HTC brand will just slowly fade away in the smartphone industry,' says Sam Kao, analyst at Taipei-based Yuanta 元大 Securities.

(b) " ' HTC was preferred by the Japanese carriers, the Taiwanese, the Chinese and European carriers like[d] Vodaphone, so they were doing well until Samsung came along [in the second half of 2010],' says Neil Shah, analyst at Counterpoint."  [brackets original)

Note:
(a) Counterpoint Research has offices in Beijing, Buenos Aires, Hong Kong, London, Mumbai, San Diego and Seoul (not in Taiwan, though). In Taiwan, it has no Chinese name.
(b) There is no need to read the rest. There is no need to sign in, though, if one decides to read text.