HTC has announced that the company is planning to spin off its HTC Vive VR business unit to solicit investments from strategic partners and enhance its competitiveness withing the VR sector. HT CEO Cher Wang also stated that the spin-off would allow the HTC Vive to meet mid-range and long-term earnings targets that HTC has projected for the Vive.

At this time, there is no indication as to when the spin-off would occur, but it's clear that HTC does not have the operating capital to hold on the the HTC Vive and turn it into the profit making machine that the industry expects it to be.