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Smartphone Maker HTC Explores Strategic Options (bloomberg.com)
An anonymous reader shares a Bloomberg report: HTC, the beleaguered manufacturer that once ranked among the world's top smartphone makers, is exploring options that could range from separating off its virtual-reality business to a full sale of the company, according to people familiar with the matter. The Taiwanese firm is working with an adviser as it considers bringing in a strategic investor, selling or spinning off its Vive virtual reality headset business, the people said, asking not to be identified as the discussions are private. A full sale of HTC, which has businesses ranging from VR to headset manufacturing, is less likely because it doesn't fit obviously with one acquirer, one of the people said.
Why? They have a risk free business that prints money. Why get into a risky hardware business. They want the headsets to exist but they don't have any reason to take a risk making them.