HTC Acquires Saffron Digital
HTC today announced that it has acquired Saffron Digital, a company that makes a mobile delivery platform for distributing media content to handsets. Saffron, which has offices in London and Los Angeles, already has a wide range of mobile customers, including LG, Sony Ericsson, T-Mobile, and Nokia. Though HTC is taking ownership of the company, Saffron will continue to serve is existing customers. HTC CEO Peter Chou indicated that the acquisition will be used to help HTC "increase [its] global service delivery capabilities and expertise." The value of the deal was placed at $48 million.
Hands-On with the HTC 10
HTC showed off its 2016 flagship smartphone today. The HTC 10 takes all the characteristics we've come to appreciate in HTC and amps them up.
HTC Cuts the 10's Price By $100 for US Shoppers
HTC has dropped the price of the HTC 10 for the rest of the month. The phone now costs $599 when purchased from HTC's web site, a cut of $100.
HTC Appoints Cher Wang as CEO
HTC today promoted Cher Wang, co-founder and chairman of HTC, to the CEO position. Wang is replacing long-time CEO Peter Chou, who is transitioning to a product development role.
HTC Starts Outsourcing Some Manufacturing
HTC has begun using other companies to build some of its devices, according toThe Wall Street Journal. The company has asked Taiwan-based Compal and China-based Wingtech to manufacture its mid-range Desire series phones.