HTC might spin out Vive into its own company

The advice not to count your eggs before they hatch might not be that familiar in Taiwan. That or HTC is refusing to heed it because that might be exactly what its about to do with it still unlaunched virtual reality business. Despite the Vive VR headset still absent from the retail market, HTC CEO Cher Wang was rumored to set up a new subsidiary that will focus on virtual reality. The idea might have investor support, as HTC’s shares reportedly went up by 5.30% when word of the rumor broke out. Sadly, HTC has officially killed of the rumor, saying it won’t be doing anything like that at all.

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