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Google bets anew on smartphones, pays $1.1 billion for HTC’s Pixel division

by Reuters: Top News

TAIPEI/SAN FRANCISCO (Reuters) – Alphabet Inc’s Google said it would pay $1.1 billion (816 million pounds) for the division at Taiwan’s HTC Corp that develops the U.S. firm’s Pixel smartphones – its second major foray into phone hardware after an earlier costly failure.

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