Ads 468x60px

Tuesday 20 November 2012

HTC’s Peter Chou is happy with Apple patent agreement, but says payout estimates are outrageous

Last week it was announced that HTC and Apple entered into a 10-year global patent agreement. Various media sites (including yours truly) reported that as part of that agreement, HTC would pay Apple $6 to $8 per Android phone, but chief executive Peter Chou is said those estimates are outrageous.
“I think that these estimates are baseless and very, very wrong. It is a outrageous number, but I’m not going to comment anything on a specific number. I believe we have a very, very happy settlement and a good ending,” said Chou at a KDDI Corp product launch in Tokyo.
Where these estimates came from, I don’t know because the details of the agreement were never released. Furthermore, HTC won’t change it fourth-quarter guidance number based on the agreement. This is good news because HTC is one of the better Android manufacturers, and I would hate to see them get stuck paying Apple ridiculously high rates per device.
source: reuters

No comments:

Post a Comment