HTC has developed to become an important company in the market, selling products that meet
the needs of the clients in the market. The company has used various measures as a way of
increasing their capacity that will enable them to meet the needs of the clients in the market.
HTC sold part of its smartphone business for $1.1 billion. The sales of a section of the
smartphone business gave HTC the financial ability to invest in the other line of business of
Virtual Reality. The financial capability that enables them to start the new business was
important because it enables them to ship its first HTC VIVE TM virtual reality headsets in April
2016 as many people praised the company for the milestone that they made in the process. The
gamers are the greatest beneficiaries of the latest invention of the virtual reality headsets because
of the fact that it makes the gaming experience to be much more interesting.
There have been various problems that have been plaguing virtual reality, and HTC has been on
the forefront to provide the solutions to such challenges through their continuous innovation. It
made it possible for the users of the virtual reality devices to use them without experiencing
motion sickness hence improving the overall gaming experience among the gamers. The sales
from the new business of making the virtual reality made the company to make more money that
enabled them to come up with more ideas that would expand its business. The company was able
to improve its technology through the development of wireless, standalone VR headset for the
China market. The invention was aimed at making the VR more popular among the people in
society and enabling the company to make more profits in the process. The case study shows the
importance of management for the success of the company.