HTC investing 300Million in Beats Electronics

The Wall Street Journal just got the scoop on tomorrow’s HTC announcement and frankly it’s nothing to get excited about. According to CEO Peter Chou, HTC is going to announce a $300 Million investment in Beats Electronics / Monster (the company that builds the best selling Beats By Dr. Dre headphones among other hip electronic devices).

“With the magic of mobile devices, it is easier than ever to discover and buy new music,” HTC CEO Peter Chou said in in an interview. “However, without great sound experience it is a shame.”

The first HTC product to include the Beats technology will be introduced later this year with many more scheduled later on (Android ? Windows Phone 7?). So there you have…more useless stuff crammed into your handsets. Will the Beats enabled handset still ship with the same low quality headphones? Now that would be silly…

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HTC To make Major news announcement tomorrow

HTC is apparently going to announce something big tomorrow morning but as of right now we can only speculate about what it is all about. Here’s the media alert that I’ve received from from HTC’s PR team just a few minutes ago:

Media Alert … Media Alert … Media Alert

HTC to Hold Teleconference to Make Major News Announcement
Peter Chou, HTC CEO, will speak.

TAOYUAN, Taiwan, and LOS ANGELES— August 10, 2011 — HTC CEO Peter Chou will hold a live teleconference from Los Angeles on August 11, 2011 to make a major announcement.

Teleconference Information:

Thursday, August 11, 2011

8:30 a.m. PT

What are you guesses ? HTC sealing an out-of court deal with Apple? HTC abandoning Android to go 100% with Windows Phone 7 because of Apple’s patent suits? (hey that would be interesting no ?)

UPDATE: Here’s what’s going to be announced: A $300 Million investment in Beats Electronics