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Motorola Moto X4 review
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HTC is not spinning off its VR business

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Kaloyan, 19 January, 2016

HTC VR

HTC Vive VR headset, also known as the Steam headset because the co-development with Valve, is one of the most anticipated devices in the gaming industry this year. It will go on pre-order in the last day of February, but the rumor has the price as high as $1,500.

Meanwhile some reports claimed HTC is prepping to spin-off the VR business into a separate company, which will owned entirely by HTC and its CEO.

As it turns out those rumors are false. HTC has no plans for dividing its businesses and the VR division will stay exactly where it is.

Here is the official company press release to the investors:

"Recent media reports in Taiwan, such as by United Evening News, stating that Cher Wang is planning to spin off HTC's VR operations into an independent entity that will be wholly owned by Wang is incorrect. HTC will continue to develop our VR business to further maximize value for shareholders."

So, the VR business should attract more positive attention to HTC and hopefully helps the struggling company. Fingers crossed, then.

HTC | Via

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Reader comments

?
  • Anonymous
  • 0Twi
  • 25 Jan 2016

Oh noes. I hates them so much. Now that they're both in the same company I don't know whether I should hate or not :/

  • Reply
H
  • Honest Realist
  • NHUD
  • 21 Jan 2016

How? by mentioning the name of one? Again, how thick are you?

  • Reply
?
  • Anonymous
  • 0Twi
  • 20 Jan 2016

Well obviously, I have nothing against you. On the other hand I'm turned into a cauldron of hatred when thinking about HTC. By contrast I feel relaxed and almost happy when I hear bad news about HTC (like lesser sales than last year, etc). I thi...

  • Reply
  • Read all comments
  • Post your comment
Total reader comments: 17

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