Categories: HTCNewsPhones

News: Beats buys back 25 % of its shares from HTC, but HTC to continue having Beats exclusivity

Last year when HTC had announced that they were buying 50 % of stakes in Beats Audio, we were quite excited as we expected to see HTC bring some great audio to its devices along with those Beats headsets to which we are quite infatuated. At the start our expectations were fulfilled to some extent with HTC bundling Beats headsets along with some integration on the software part but recently with the One range of its smartphones it decided to not bundle those great headsets although they brought deeper integration plus the ability of third party apps to use the Beats equalizer module.

HTC has been having a rough time recently with sales tumbling, net profit declining for the last three quarters and now Beats decided to buy back 25 % of HTC’s stakes in the company although HTC will continue to exclusively use Beats Audio. According to HTC, the readjustment of shares is aimed at giving Beats more freedom to expand globally.

Rupesh Sinha

Rupesh is an avid mobile geek, a Nokia fan by heart although love Android because it appeals to the geek in him. Apart from phones, he loves music and also plays the guitar. Now a nigh time news editor, along with a daytime engineering student.

Recent Posts

SENS MJ 2 Neckband Review

SENS, a new wearables company in India launched a handful of devices in the country.…

2 years ago

Truke Buds F1 True Wireless Earbuds Review

The true wireless earbuds market is growing rapidly in India. Truke, a German brand with…

2 years ago

Jabra Elite 4 Active True Wireless Earbuds Review

Jabra has been one of the leading brands in audio peripherals since the company’s outset…

2 years ago

Nokia C01 Plus Review: The Budget Smartphone For Everyone!

The entry-level price segment i.e the price bracket under Rs. 10k has not seen much…

3 years ago

Infinix Smart 6 Review: The Best Value For Money Smartphone

Infinix is well known for launching a budget range of smartphones in India that offer…

3 years ago

Technology Trends That Impact Business Communication

Running a business requires more than just financial solid and customer relations. To successfully grow…

3 years ago