HTC reveals plans to invest in emerging technologies going forward

After a long period of struggle in the smartphone market, HTC has now stated that it will begin investing in emerging technologies going forward in a bid to guarantee the company’s long-term sustainability. Specifically, HTC’s Chairwomen Cher Wang has stated that the company will continue to invest heavily into its growing VR business, in addition to a number of other segments that could prove beneficial to its smartphone business.

Currently, the brand is understood to be adopting a much more cautious approach when it comes to its mobile unit in a bid to reduce losses to a minimum. This ...