Google has struck a $1.1bn (£822m) deal with Taiwan’s HTC to expand its smartphone business.
Google will not take a stake in HTC, but some 2000 HTC staff will join Google in Silicon Valley.
HTC was once a major player in the smartphone market but has struggled to compete with the likes of Apple and Samsung. Google expects the deal to close by early 2018, provided it gets the all clear from regulators.
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John Porter



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