The Business Times

Shares in HTC rise 9.96% on Google's Pixel buyout

Published Fri, Sep 22, 2017 · 01:37 AM

[TAIPEI] Shares in Taiwanese technology company HTC Corp rose 9.96 per cent in early trading on Friday.

HTC announced on Thursday that Alphabet's Google would pay US$1.1 billion for the division at HTC that develops the US firm's Pixel smartphones.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Technology

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here