Last year, HTC surprised the mobile industry when it announced a $300 million deal that would give it controlling stake in the Beats Audio company and allow HTC to exclusively feature Beats Audio technology in its smartphones and tablets. Many questioned whether supposedly improved audio in mobile devices was worth $300 million, and it appears that HTC eventually realized this as well, as the company has sold back to Beats half of the shares it purchased last year.
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Article by Dan Seifert (c) MobileBurn.com - Read full story here.
