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Beats plans to break up its partnership with HTC

Thursday, August 22, 2013

It seems that the partnership between the giant Taiwanese HTC, and Beats a manufacturer of headphones at its end, as a new report indicated that Beats intends to end its partnership with HTC. Beats intends to buy the HTC share in the company, which is 25%. The report from Wall Street Journal confirms that sources close to Beats claimed that the company is looking for bringing a new investor provides financial materials contribute to the growth of the company, and the company plans to buy HTC at the same time.

HTC has bought the equivalent of 50.1% of Beats stakes in 2011 and that worth 300 million dollars, before Beats returning and acquires 25% share of HTC which worth $150 million last year. And everybody knows that all HTC high-spec devices have Beats logo, the latter to provide high performance audio experience, which got high praise, particularly in HTC One which features front speakers with excellent sound quality.

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