Taiwanese smartphone and VR headset maker could become in-house manufacturer for Google-branded products

The Taiwanese smartphone and virtual reality headset manufacturer HTC will halt shares from Thursday, pending the “release of material information” following media reports of a purchase by Google’s parent, Alphabet.

The once-powerful smartphone market player, which started life as a manufacturer of other brands’ handsets and now makes the Vive VR headset, has seen sales fall year on year for the best part of half a decade as competition from Chinese and South Korean rivals increased.

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