Htc plans to sell the company for its poor results

HTC is a company that has been in a deep crisis for several years. This year they have tried to revive and improve their results by launching their best phone so far, the HTC U11. But, despite the quality of the phone, the results have not been consistent.

HTC plans to sell the company for its poor results

The Taiwanese company has had a lot of trouble adjusting to the speed with which the market changes. And after years chaining bad results, they consider a drastic decision. The sale of the company is being considered as a solution to the negative results.

HTC will be sold

For a few weeks now, the company has been working with an advisor to check the options available on the table. And see which is the most appropriate in this situation. One of them is the sale of VIVE, the virtual reality part of the company. Furthermore, it is the part that is currently generating the most benefits. Although, they have also been rumored for a few weeks to sell Alphabet, with Google as a possible buyer.

HTC had managed to reduce losses in a small way this year. So many still saw the possibility of the company recovering. But, it seems that the market does not finish adopting the phones of the brand. Although its virtual reality is being highly appreciated and generates benefits.

At the moment it is not known what the company is going to do. There are quite a few options on the table, although they all involve selling parts of the company. It is the only way they have to guarantee their continuity if they do not want to end up closing. We will see what happens and if HTC finally ends up sold or not.