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Reuters

Shares in HTC rise 9.96 percent on Google's Pixel buyout

A 3D printed Android mascot Bugdroid is seen in front of an HTC logo in this illustration taken September 21, 2017. REUTERS/Dado Ruvic/Illustration

TAIPEI (Reuters) - Shares in Taiwanese technology company HTC Corp <2498.TW> rose 9.96 pct in early trading on Friday.

HTC Corp announced on Thursday that Alphabet Inc's Google <GOOGL.O> would pay $1.1 billion for the division at HTC that develops the U.S. firm's Pixel smartphones.

The Google logo is seen on a smartphone in front of a displayed HTC logo in this illustration taken September 21, 2017. REUTERS/Dado Ruvic/Illustration

(Reporting by Jess Macy Yu)

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