With HTC having made some of the finest smartphones we’ve ever seen (like the Thunderbolt, the 7 Pro, and the world’s original Android device, the G1), anything they consider is an interesting news!

The Latest one being that the Smartphone manufacturer bought a 51% stake in Beats Electronics for $309 million. Beats Electronics is a digital audio technology company founded by music producers Jimmy Iovine and Dr. Dre.

“The smart phones and the Mobile phones are very powerful. It makes it easier than ever to enjoy music… but the sound quality hasn’t caught up yet. This is an opportunity for us to provide great sound quality,” said Peter Chou, CEO of HTC.

“When a record is made, millions of dollars are spent on getting that emotion into music. When you then take it and put it on CD, and then MP3, you lose that emotion. [Because of these Mp3s, and bad earbuds], we’ve lost approximately 2 generations of sound,” he continued.

Beats and HTC have been collaborating to innovate upon mobile audio — the initial result will be a line of HTC devices integrated with Beats sound technology, available this fall. The smartphone manufacturer has already announced plans to release eight new phones in Q3, but specific information on Q4 is not yet available.

HTC has been on an acquisition streak this year, having most recently acquired graphics chip maker S3 Graphics for $300 million and cloud-computing company Dashwire for up to $18.5 million.

So tune in or get ready to dance to the beats of Beats and HTC.