Google has broadened its smartphone manufacturing operations with an agreement to pay $1.1bn to transfer about 2,000 staff from Taiwanese smartphone maker HTC.
The companies have also inked a separate non-exclusive licence agreement for HTC’s intellectual property, the terms of which have not been disclosed.
“This agreement is a brilliant next step in our longstanding partnership, enabling Google to supercharge their hardware business while ensuring continued innovation within our HTC smartphone and VIVE virtual reality businesses,” said Cher Wang, co-founder and chair of HTC.
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