HTC fends off Apple with S3 acquisition

S3 Graphics changes hands between group companies, as HTC Corporation buys out Via Technologies in a bid to outsmart Apple.

HTC fends off Apple with S3 acquisition

HTC Corporation will pay $300 million to Via Technologies to buy S3 Graphics in a related-party transaction.

HTC, which was originally known as the High Tech Computer Corporation, was founded in 1997 by Cher Wang, HT Cho and Peter Chou. Cher Wang is the daughter of Taiwan’s richest man, Wang Yung-ching, who founded the Formosa petrochemicals and plastics empire. He passed away in 2008.

HTC started life as a manufacturer of...

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