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BCR's Daily Fishwrap Report for December 22, 2010

Breaking: HTC confirms lease of space in downtown Durham

More analysis later, but the hemming and hawing seems to be over, and Taiwanese smartphone manufacturer HTC has made it official -- it's coming to downtown Durham. From the press release:

HTC Corporation, a leading global designer of smartphones, today announced plans to lease space for a new R&D office in downtown Durham, N.C. During the first quarter of 2011 HTC expects to employ approximately 45 people in its facility, conducting research into multiple areas of wireless technology, with plans to grow further during 2011 and into the future.

"HTC has been successful bringing its unique brand of people-centric innovation to consumers, and with the establishment of this new R&D office, we are taking an important step to extend our leadership position in the wireless industry," said Ron Louks, chief strategy officer for HTC Corporation. "Durham is a perfect place to open our new R&D office because we are able to tap into this deep pool of technical talent that complements HTC's leading-edge R&D efforts going on around the world."

With the opening of its new Durham location, HTC will have three dedicated R&D locations in the United States. Currently, HTC has a location in Seattle focused on creating innovative user experience design, including its branded HTC Sense user experience, and creates world-class industrial designs through its One & Co subsidiary located in San Francisco. Along with these R&D facilities, HTC's Americas headquarters are located in Bellevue, Wash. Altogether, HTC currently employs approximately 250 people in the United States and over 10,000 people worldwide.


Michael Bacon

Any rumors about what space they're taking?


@Michael - American Tobacco Campus.

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