HTC mulls spinning off Vive VR business into separate company January 20, 2016 - 12:31 AMT PanARMENIAN.Net - HTC is reportedly considering spinning off its Vive virtual reality division into a seperate company to distance it from its flagging smartphone business. Rumours that chairwoman Cher Wang is pondering the move have caused shares in the company to rise, Digital Spy reports citing Focus Taiwan. Virtual reality is expected to be a huge growth sector in 2016 and early reviews of the Vive are promising. With HTC's share of the smartphone market falling from 10% to around 1% since 2011, there's a lot riding on the Valve-backed headset. The Vive faces competition from Sony's PlayStation VR headset, Facebook's Oculus Rift, and Microsoft hologram-based HoloLens. Pre-orders will begin on February 29, but pricing for the accessory is yet to be announced. Photo: HTC   Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."   Partner news Most popular in the section |  Latest news Biden honors resilience of Armenian people on April 24  U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan.Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says.Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |
