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Report: HTC Lays Off 1,500 Employees in Taiwan Manufacturing Division

Road to VR

HTC is reportedly laying off 1,500 employees in its Taiwan manufacturing division, something Bloomberg’s Taipei bureau chief Samson Ellis reports to be around 22% of HTC employees. CNET has confirmed that the company is indeed going forward with layoffs in Taiwan, although they declined to specify the number of employees affected.

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Google Buying HTC’s Pixel Team for $1.1 Billion

VRScout

Google has announced a $1.1 billion cooperation agreement under which certain HTC employees – many of whom are already working with Google to develop Pixel smartphones – will join Google. Leading into today’s news, shares of HTC were halted on the Taiwan Stock Exchange pending this Wednesday night announcement.

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Oculus to Donate Rift & Go to Learning Institutions Across Seattle, Taiwan, & Japan

Road to VR

Oculus recently announced the’ll be expanding their educational pilot program by donating Oculus Rift and Oculus Go headsets to a number of educational institutions across Taiwan, Japan, and Seattle.

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HTC Announces Layoffs Amid Coronavirus Pandemic

Road to VR

The news was first reported by Taiwan’s English language China News Agency , stating that HTC was set to “strategically adjust” its staff and continue optimizing its organizational structure to reduce operational costs. billion , leaving it to reorganize around its VR efforts. SEE ALSO 'Apollo 11 VR' Studio Secures $3.3M

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With Facebook’s ????, Oculus Is Fending off Old Enemies, Former Friends, and New Foes

Road to VR

At Oculus Connect, the company’s annual developer conference, we got fresh insight into where Oculus is heading, and a new look at how Facebook’s money is funding battles on all fronts of the industry’s increasingly competitive landscape. Oculus Rift + Touch Price Cuts in 2017. Old Enemies – HTC. Launch – $800.

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HTC Halts Stock Trading as Rumors of Sale Swirl

Road to VR

According to the Taiwan Stock Exchange, HTC will halt trading of its stock as of September 21st, pending an unknown announcement from the company, reports Bloomberg. Google—which is increasingly expanding its hardware business in the smartphone, connected home, and AR/VR sectors—has been fingered as one of the likely buyers.

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HTC Teases Next VR Headset Ahead of Meta Connect & It’s Supposed to Be Small

Road to VR

Vive Flow was largely criticized for not providing much more of a practical experience beyond first-generation mobile VR devices like Gear VR, Oculus Go, or Google Daydream. Maybe the Taiwan-based manufacturer is going for a real standalone format this time?

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