Google to buy part of HTC’s smartphone operations

Google has announced a deal to acquire part of Taiwanese firm HTC Corp’s smartphone operations for about $1bn.
According to The Guardian, the deal will not involve the purchase of a direct stake and HTC will continue to run its remaining Smartphone business.
Google has sought to beef up its hardware capability with deals and product launches, and last year hired Rick Osterloh, a former Motorola executive, to run its hardware division.
“For Google, this agreement further reinforces it