Google is reportedly in final talks with HTC about a deal for the latter’s smartphone unit.
According to the Commercial times, per Digitimes, HTC has reportedly entered the final stage of negotiations for either selling its smartphone business outright to Google, or a potential strategic investment.
In August, Bloomberg reported that the Taiwanese firm was working with an advisor to potentially sell its Vive virtual reality headset, but the new report says the potential deal will not involve the VR business or the entire company.
HTC could use the help as the company’s reported revenues of $99.69 million for August represent a dip of 51.5 percent from July, and down 54.4 percent from last year. That figure was the company’s lowest revenue in 13 years.
Digitimes indicated HTC is likely to begin shipping next-generation Pixel smartphones to Google in September.
