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.