After weeks (months, and years) of speculation, HTC has announced that its Powered by HTC R&D division — the team behind Googles Pixel and Pixel XL smartphones — will be purchased by Google for $1.1 billion in cash. According to HTCs CFO Peter Shen, this will mean about half — yes, half — of the 4,000 people in his companys R&D team will be joining Google, but he emphasized that HTC will continue developing its own range of smartphones, including its next flagship pro…Read more
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