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HTC Halts Trading Shares Ahead of Major Announcement

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Sep 20, 2017, 7:27 AM by Eric M. Zeman

HTC will cease trading shares of its stock in anticipation of a significant announcement to be made tomorrow. The news was first revealed by the Taiwan Stock Exchange, which said "shares of HTC Corporation ... will be halted starting from Sept. 21, 2017 pending the release of material information." HTC confirmed the halt in share trading, but did not provide a reason behind the action. Earlier this month, Bloomberg suggested that Google might acquire HTC, or a portion thereof. It is possible that HTC plans to announce a takeover by Google during the announcement, which is being made town-hall style at its Taipei headquarters. The company's response to the Taiwan Stock Exchange alert read, "HTC does not comment on market rumor or speculation." HTC, once a dominant maker of Android handsets, has been fading for years in the face of competition from Samsung, LG, Huawei, ZTE, and others. The company's financial health has been in question many times due to weak sales. HTC never stopped making compelling smartphones, such as the One series, the U11, and Pixel devices for Google. Google may want to bring HTC's handset division under its wing for future Pixel smartphones.

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Google Schedules Oct. 4 Phone Event As Pixel 2 XL Swings by FCC

Sep 14, 2017
Google today kicked off a teaser campaign for a phone-based announcement that will take place on October 4. The company launched a web site with the address of madeby.google.com, and it specifically asks people what they want from their phones.

Google Pixel

5" display FHD+ resolution
Snapdragon 821 processor 4 GB RAM
2,770 mAh battery
Headphone Jack (3.5mm), NFC, Fingerprint Reader

Google Pixel XL

5.5" display QHD+ resolution
Snapdragon 821 processor 4 GB RAM
3,450 mAh battery
Headphone Jack (3.5mm), NFC, Fingerprint Reader

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