HTC plans to enter the mobile VR arena

(Image Credit: iStockPhoto/monkeybusinessimages)
With its handset business continuing to falter, HTC is banking on making a success of mobile VR to improve the company’s outlook.
HTC is best known for its smartphones, but their recent flagships have failed to stand out amid tough competition from the likes of Apple, Samsung, and LG. Last year, HTC’s profits dropped almost 80 percent ahead of their next flagship release.
Where HTC has managed to carve itself a place is within the emerging VR market...