Google signed an agreement with Taiwanese manufacturer HTC for $1.1 billion in order to strengthen its efforts towards hardware. As part of the agreement, a part of HTC team will join Google’s hardware arsenal. Google said it’s got a deal with HTC because it’s inspired by what lies ahead for consumers in “the next five, 10, even 20 years.” Google, in a blog post, also reminded that it’s geared up to unveil the second generation of its existing hardware lineup including Pixel smartphones, Google Home, Google Wi-Fi, Daydream View and Chromecast Ultra, on October 4.
Both Google and HTC together have shared many achievements in the past like the first ever Android smartphone, the HTC Dream. HTC also manufactured Google the Nexus One smartphone in 2010, the Nexus 9 tablet in 2014, and the first Pixel smartphone in 2016. The deal also includes a non-exclusive license for HTC intellectual property.
Google’s Rick Osterloh, who is serving as the senior vice president of its hardware division, admitted in his blog post that Google is in a nascent stage as far as hardware business is concerned. He also said that Google has a focus on establishing its core capabilities and at the same time, creating a portfolio of products by bringing together the best of both Google software and hardware.
“HTC has been a longtime partner and has created some of the most beautiful, high-end devices on the market. We can’t wait to welcome members of the HTC team to join us on this journey,” said Rick Osterloh.