No Comment from HTC on Rumours of a Spin-Off

No comment has been received from HTC on recent market speculation that the company is currently conducting a strategic assessment on its future, including options to sell-off the company or spin off its VR business.

According to a Bloomberg report, HTC is working with an adviser as it considers bringing in a strategic investor or selling its Vive VR headset business or spinning off the unit. According to the report, HTC has also held talks with companies including Google.

According to the Taipei-based Apple Daily newspaper, HTC has been cooperating with Google in the field of VR and in the production of the Google Pixel smartphone, and is expected to roll out the Pixel 2 in September at the earliest. HTC is also cooperating with Google in developing standalone Daydream VR head mounted display devices.