HTC: we're not paying "outrageous" sums to Apple

 

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By Reuters

Posted on 20 Nov 2012 at 09:12

HTC has slammed reports that the firm is paying too much to Apple as "outrageous", saying it's happy with the licensing settlement.

Responding to a question about media reports that HTC will pay Apple $6 to $8 per Android phone as part of the patent settlement, chief executive Peter Chou said it was an outrageous estimate and called it "baseless".

HTC announced a global patent settlement and a ten-year licensing agreement with Apple this month after a bruising patent war between the two smartphone makers.

Apple sued HTC in 2010, its first major legal salvo against a manufacturer using Google's Android operating system. Since the suit, a patent war has engulfed competitors including Samsung and Google's Motorola Mobility unit.

The companies did not disclose details of the settlement or the licensing agreement, but HTC said it will not change its fourth-quarter guidance.