Taiwan's HTC to sell part of XR unit to Google for $250 million

TAIPEI (Reuters) -Taiwan's HTC said on Thursday it will sell part of its unit for extended reality (XR) headsets and glasses to Google for $250 million and transfer some of its employees to the U.S. company. The transaction is expected to close in the first quarter of this year, HTC said. The two companies will also explore further collaboration opportunities, HTC added.