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Report: HTC Lays Off 1,500 Employees in Taiwan Manufacturing Division

Road to VR

HTC is reportedly laying off 1,500 employees in its Taiwan manufacturing division, something Bloomberg’s Taipei bureau chief Samson Ellis reports to be around 22% of HTC employees. HTC has been in financial difficulty for the past few years, with stock prices falling since their all-time high in 2011. controllers.

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HTC Announces Layoffs Amid Coronavirus Pandemic

Road to VR

HTC has confirmed that it’s laying off staff in order to streamline its business amid the coronavirus (COVID-19) pandemic. An HTC spokesperson confirmed this with Road to VR, citing a direct impact of the coronavirus pandemic. However, HTC remains under tremendous pressure,” the HTC spokesperson told Road to VR.

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HTC Teases Next VR Headset Ahead of Meta Connect & It’s Supposed to Be Small

Road to VR

HTC today teased what’s confirmed to be the company’s next VR headset, something the Vive-creator says will be “something big… we mean small.” — HTC VIVE (@htcvive) October 6, 2022. HTC’s casual VR content device Vive Flow already uses one. Image courtesy HTC.

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Google Buying HTC’s Pixel Team for $1.1 Billion

VRScout

HTC retains brand but lets part of their smartphone business go. Google has announced a $1.1 billion cooperation agreement under which certain HTC employees – many of whom are already working with Google to develop Pixel smartphones – will join Google. According to the announcement, HTC will receive $1.1

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HTC Cancels Google Daydream Standalone VR Headset

VRScout

As we reported from Vive’s Beijing event late Monday, HTC unveiled a standalone VR headset that requires no PC or base stations. The only problem is that throughout the event, not once did we hear about whether the Vive Focus was going to be a Google Daydream ready device. Vive is doubling down on the Chinese VR market.

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HTC Halts Stock Trading as Rumors of Sale Swirl

Road to VR

According to the Taiwan Stock Exchange, HTC will halt trading of its stock as of September 21st, pending an unknown announcement from the company, reports Bloomberg. Following several years of financial difficulty, the future of HTC seems less clear than it’s ever been. SEE ALSO HTC Vive Gets Major Price Cut, Now $600.

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Report: HTC to Merge VR and Smartphone Divisions as President of Smartphones Resigns

Road to VR

Chialin Chang, HTC’s President of Smartphone and Connected Devices Business, has made his resignation official, reportedly bringing with it a melding of the company’s smartphone and VR divisions—a move that possibly points to the HTC putting greater focus on VR in the face of the company’s waning smartphone business.

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