HTC Could Make VR Division Spinoff A Virtual Reality
Nothing is decided yet and the current ideas could be ignored entirely, but the option is on the table as the company's stock value continues to fall.
HTC's market value has dropped in the last five years largely due to a slip in their smartphone market share and they've brought on a strategic advisor to discuss pros and cons of a few scenarios. A couple of the options include selling the company entirely or spinning off its VR division.
This all comes hot on the heels of a $200 price drop for the VR headset and the announcement of release dates for a few games that are certainly going to give the VR gaming ecosystem a shot in the arm. The report from Gamesindustry.biz also notes that the Vive has an install base roughly estimated at nearly twice as much as the Oculus Rift. If HTC does start splitting off divisions, some entity will certainly recognize the value in their VR branch.
It's entirely possible nothing comes of this. HTC still has over a billion in the bank and there's plenty of time for the company to right the ship without selling off its limbs. We've reached out to HTC for comment and will update the story as more information is made available. In the meantime, check out our review of the HTC Vive.
Charles Singletary posted a new article, HTC Could Make VR Division Spinoff A Virtual Reality