HTC schedules major announcement as Google takeover rumors intensify

HTC Google takeover: Pixel 2 release date

HTC has issued a trading halt on its stock, effective tomorrow, as it's set to make a major announcement to shareholders. The announcement ties in perfectly with existing rumors that Google has agreed a deal to take over HTC's smartphone business. A deal would see Google acquire engineering and manufacturing assets to produce smartphones, but leave HTC's brand and peripherals business -- especially its VR divison -- intact going forwards.

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