Tag: HTC Beats

Beats buys back $265 million of shares and bids good bye to HTC

HTC has been struggling in the smartphone market despite some encouraging HTC One sales. HTC held a 25 percent stake in the popular audio company Beats and that is one of the reasons most of the HTC handsets came with Beats audio. HTC had purchased 50.1 percent of Beats’ shares in 2011 for $300 million. Last year, the music company Beats got back half of that for $150 million and now they have totally got rid of HTC by buying their entire shares back for $265 million.

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Beats Electronics likely to buy out HTC’s stake

Beats Electronics, popular for Beats audio by Dr. Dre is looking to buy out its Asian partner HTC and bring in a new investor, according to a recent report from the Wall Street Journal. Beats partnered with HTC back in August 2011, in which HTC invested $300 million for a 50.1% majority stake in Beats Electronics. HTC started launching devices with Beats audio branding starting from October 2011. Continue reading “Beats Electronics likely to buy out HTC’s stake”

HTC phones with Beats Audio coming this Fall


HTC Corporation, in partnership with Beats Electronics, plans to bring Beats audio experience by Dr. Dre for its future devices. This partnership with Beats Electronics will make HTC to offer superior mobile music and sound experiences and these devices are focused on youth market and new accessories. Continue reading “HTC phones with Beats Audio coming this Fall”