HTC smartphone
According to Wall Street
Journal report Beats Electronics is in talks with an investor to finance a buy-out
of HTC’s investment in the company. HTC’s $300 million mistake quickly turned
into a $150 million mistake, and now Beats reportedly wants out once and for
all. The rumor come as the popular headphone brand prepares to move into
several new categories including other consumer electronics and music
streaming. Beats hope to buy out HTC’s 25% stake in the company within the next
few weeks.
Source: Beats
By Dre Looks to Drop HTC
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