Rumor Says HTC Is Exiting Mobile Business, Company Denies It

HTC is a Taiwan-based smartphone manufacturing company which is well known all around the world. Very few people did not hear about HTC, and there’s a good reason for that, this company has been manufacturing smartphones for a long time, and they were once the third-largest smartphone manufacturer in the world. The company did lose its way in the last couple of years, their sales are not as good as they were before, though they have been trying to change that by releasing some compelling smartphones out to the market.

Having that in mind, we’ve seen tons of rumors before suggesting that various companies are interested in purchasing HTC's mobile division, well, even though that might not happen anytime soon, a new rumor suggested that the company could exit the smartphone business in Spring 2017. This rumor came from a Chinese site MyDrivers and suggested that HTC is considering selling off their smartphone business due to their struggles. HTC was fast to react as the company has already denied this rumor, by calling it false. So, it seems like HTC has no plans to sell their smartphone division, at least not yet, but the company did scale down its smartphone releases quite a bit, and their VR division is now a separate unit. On the other hand, it is possible HTC is denying these rumors in order to avoid any further losses, and could be planning to sell their mobile division. We can guess all we want, but the fact is HTC is denying such rumors, so it seems like it won’t happen anytime soon.

HTC’s virtual reality division, on the other hand, is doing really well. The HTC Vive turned out to be quite a success for the company as it is one of the best virtual reality headsets out there, even the best one according to some people. It remains to be seen what will happen in the end, HTC will be around either way, even if they opt to exit the smartphone business as the aforementioned rumor suggested. It is worth mentioning that HTC is manufacturing Google’s Pixel devices and that is definitely helping the company stay afloat, but is it enough? Well, we’ll find out in the next couple of months.

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About the Author
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Kristijan has been writing for Android Headlines since 2014 and is an editor for the site. He has worked as a writer for several outlets before joining Android Headlines, and has a background in writing about Android and technology in general. He is a smartphone enthusiast that specializes in Android applications, and that platform in general. Contact him at Kristijan. [email protected]
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