Some investors hope the Google cash helps HTC focus on its Vive VR headsets and reduce its development costs. — Reuters
TAIPEI/SINGAPORE: When HTC Corp brought back founder Cher Wang two years ago to turn around the struggling Taiwanese mobile phone maker, investors hoped she could stem a sharp loss in market share to Apple and Samsung Electronics.
But the gamble to rebuild the early smartphone pioneer's reputation failed, as its market share has continued to dwindle – to below 1% from closer to 10% in 2011.
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