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HTC denies plans to spin off VR Business

  • Author:Nora
  • Release on :2016-01-21

HTC denied that it plans to spin off its virtual reality (VR) business unit to form a separate company, in an attempt to enhance its VR business media reports. The company said it will continue to focus resources on the development of virtual reality products, to create maximum value for shareholders.

According to reports, HTC Chairman Cher Wang and its spin-off will hold 100% equity VR began.

Meanwhile, HTC believes that it is about to take on 29 February sale orders for the HTC Viva, however, has not yet announced the price of VR equipment.