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

» See more articles by Robert Nazarian


  • http://twitter.com/brettwstevens Brett Stevens

    I wouldn’t pay them a cent they are scum. …

  • http://twitter.com/wizardprang Wizard Prang

    It’s a shame when any tech company substitutes litigation for innovation…

  • http://twitter.com/JMOBILEHITE352 JAN J*MOBILE E. HITE

    WIZARD PRANG & BRETT STEVENS, I AGREE-100% W/You!!! THE_ANDROIDFANBOYS_HTC_MOTOROLA_SAMSUNG_@TMOSENSATION have SPOKEN!!!!!!