The team is also responsible for the design and development of Google's Pixel and Pixel 2 smartphones. Google's Pixel devices apparently won't come with an inexpensive price tag, unlike what we have seen with the Nexus series of smartphones. Apple released its first such chip in 2010 and added special chips for fingerprint readout and payment data, tracking movements and running a number of artificial intelligence algorithms on mobile devices. However, it is likely that many of these devices were already in the pipeline.
Previously, Google has developed the Pixel Visual core, a custom chip that works in a similar way to Apple's A11 Bionic and Samsung's Exynos 8895.
It's an obvious next move for Google, it's just unfortunate that they have made a decision to compete in the high-end arena and completely ditch the ultra-affordable Nexus line of phones.
Osterloh said that other Android manufacturers, who aren't necessarily thrilled about Google's Pixel push, "know why we're doing this", Osterloh said. One really interesting quote has been given by the company, which states that the company will still be competing in the smartphone market, even which the huge staff cut.
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Google earlier on Tuesday also announced that it would be partnering with enterprise mobility management company MobileIron to create a white-label cloud services marketplace.
Meanwhile, HTC says it's working on a new flagship to follow up this year's HTC U11.
"China is obviously a very attractive smartphone market and we're certainly interested in going back to China in the future, but we don't have any plans to discuss and frankly it's complicated for the company", he said. Pixel isn't giving iPhone any trouble just yet, but that could change in years to come - and Google is now literally banking on this with its investment in HTC.
Osterloh knows the history well.