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

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.

(Reporting by Jess Macy Yu)