Google Stock Forecast: Why Google Might Buy HTC Corporation’s Phone Business

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First

Google Stock Forecast

Summary:

  • Rumor has it that Google’s purchase of HTC Corporation’s phone business is near completion. This Google move makes perfect sense.
  • My takeaway is that Google needs to acquire HTC Corporation’s phone business to protect its future Pixel Android phones.
  • HTC is the manufacturing partner of Pixel Android phones. Pixel is Google’s flagship brand for its own Android phones.
  • Buying HTC’s phone business also gives Google the factories and expertise to manufacture high-end Pixel and mid-range/entry-level Android One phones.
  • Google needs to produce and sell its own stock Android OS-only handsets to help reduce the heavy fragmentation of the Android ecosystem.

apple stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here