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Taiwan's HTC could announce sale of smartphone unit to Google on Thursday: report

HTC stock trading to be suspended Thursday for major announcement

Is HTC about to sell its smartphone division to Google? (photo from HTC's Facebook page).

Is HTC about to sell its smartphone division to Google? (photo from HTC's Facebook page).

TAIPEI (Taiwan News) – Reports about an impending sale of HTC's (宏達電) smartphone business to Google arose again as trading in the company's stock would be suspended Thursday due to a major announcement, reports said.

Earlier Wednesday, the Chinese-language Commercial predicted such a move as it noted the company’s chairwoman, Cher Wang (王雪紅), had paid a rare visit to HTC's main office building in Taiwan.

Earlier this month, there were already unconfirmed reports that Google was planning to take over the troubled Taiwanese company, which supplied it with its Pixel smartphones.

Several signs at HTC’s headquarters in the New Taipei City district of Xindian pointed in the direction of a major announcement, at least by management to its staff, the Commercial Times wrote Wednesday.

Wang, a daughter of late Formosa Plastics Group found Y.C. Wang (王永清), was present at the company building, even though most of the time she was traveling overseas or might have been expected to attend a computer game event in Tokyo, the Commercial Times reported.

In addition, the building’s first floor had been removed from outside view by advertising banners but had been filled up with chairs and a broadcasting system, hinting at an impending staff meeting.

HTC management would tell its staff within these two days how it saw eventual cooperation with Google evolve, the Commercial Times concluded.

Commentators believe that the U.S. Internet giant would be interested in the Taiwanese company’s research and development team to strengthen its own hardware design. Google already bought U.S. smartphone maker Motorola in 2011, while HTC would likely hang on to its own virtual reality division, known for its Vive brand.