HTC to spin off the Vive into an independent subsidiary

HTC has announced that HTC Vive VR business unit will be spun off into an independent subsidiary. The move will allow HTC to retain control of the Vive and benefit from any profits that it makes, but it will also allow other companies to invest into the Vive to secure the needed cash to turn HTC's VR headset into the leading VR system on the market.

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