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Taiwan clears Google’s $1.1 billion deal with HTC

Google and HTC are not off course to near a deal price $1.1 billion to the Taiwanese tech corporate in January.

The Taiwan Funding Fee has licensed the proposal for HTC to switch engineers and proportion highbrow assets with Google in trade for the money. The deal was once first introduced in past due September.

The liquidity will assist HTC energy its Vive digital truth department and provides some operating room for its declining smartphones. Traders are of top hopes that HTC can flip a benefit subsequent yr after a number of years of losses.

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