losangelesnewstoday.com
losangelesnewstoday.com April 26, 2018


Google Completes $1.1 Billion Deal to Acquire Part of HTC Smartphone Division

01 February 2018, 12:31 | Kristen Gross

Google Planning to Design More Chips to Reach the Same Calibre as Apple, Claims Latest Report

Google Completes Acquisition of Key HTC Employees

The deal which has now passed the requisite approvals will allow Google to further cement its position in hardware space on the back if its Pixel phones.

The final note to come out of the deal closing, is that Google will be expanding its presence in Asia, with Taipei now housing the largest Google engineering site. The company thinks the deal with Google marks the beginning of a new era for innovation when it comes to the virtual reality and smartphone businesses.

"Last fall, we introduced our first family of Made by Google products, including Pixel smartphones, Google Home, Google Wifi, Daydream View and Chromecast Ultra, and we're preparing to unveil our second generation of products on October 4", he said.

Google's idea of designing its in-house chips indicates that it will manufacture just the high-end devices in order to follow Apple's footprints in this tech industry. However, Google revealed that it has previously worked closely with HTC in the development of both the Pixel and Pixel 2, prior to the acquisition of the team.

International Monetary Fund chief meets South Africa's Ramaphosa in Davos to discuss economy
Zuma could be removed through a motion of no confidence in parliament or by the ANC's National Executive Committee. At 1513 GMT, the rand traded at 12.1100 per dollar, 0.49 percent firmer than its NY close on Friday.

The search engine giant has acquired Taiwanese smartphone-maker HTC in a $1.1 billion deal, providing it with access to 2,000 smartphone engineers based in that country, according to a Bloomberg report.

Lastly, Osterloh mentioned that the team will get to work right away to build new hardware with a combining the best resources the company has in areas of artificial intelligence, software and hardware.

Senior Vice President of Hardware, Rick Osterloh, said in the blog post, "As our hardware business enters its third year, we remain committed to building and investing for the long run". Recently, Google used its custom chip for camera in Pixel 2 model and the new image processor surely did improve the camera performance.

Google is in a race with Apple and to win that race, it needs to do things a little more differently.



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