Companies

Google and HTC in $1.1bn deal

Name: Google and HTC in $1.1bn deal
Uploaded: 2017-09-21T16:17:48.903Z
Duration: 2 min 26 s
Channel: Financial Times
Description: US group to receive licence for intellectual property and 2,000 employees

Google has broadened its smartphone manufacturing operations with an agreement to pay $1.1bn to transfer about 2,000 staff from Taiwanese smartphone maker HTC.

September 21, 2017

Produced and edited by Jamie Han, Footage:Bloomberg, Photography:Getty/Bloomberg/Reuters