💨 Abstract

Taiwan's HTC announced it will sell part of its extended reality (XR) unit to Google for $250 million, with some HTC staff joining Google. The deal is expected to close in Q1 2023, and both companies will explore future collaboration opportunities. This move aims to streamline HTC's product portfolio, improve operational efficiency, and increase financial flexibility.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖