HTC may be looking to get out of the smartphone business

HTC’s mobile division has been struggling even with the release of the HTC 10 which has been flying under the radar for one of the best phones of 2016. Due to these struggles, there is a new rumor swirling that the company is considering the sale of its mobile division.

The mobile division of HTC has been suffering severe losses, which would help explain why HTC signed the deal with Google to produce the Pixel and Pixel XL. It would make sense for Google to purchase the division if the company plans to continue releasing its own devices.

The move also wouldn’t be unprecedented as the company purchased Motorola back in 2014 which helped spark the Moto X and the resurgence of the company. We’ll have to see how this plays out, but the rumor suggests an announcement could be made as soon as Spring of next year.

What do you think HTC should do? Should it sell off the mobile division or continue to compete against the likes of Samsung, LG, and Lenovo? Let us know in the comments below.

[MobiPicker | MyDrivers]