HTC CEO Says Apple Settlement Estimates of $6-$8 Per Android Device “Outrageous”

Last week, to the surprise of many, Apple and HTC collectively announced a global settlement to all their legal disputes, after the two companies agreed to a ten year patent licensing agreement, details of which were kept confidential.

According to some analyst estimates, Apple could get $6-$8 for every Android-based HTC phone sold, which could work out to $180-$280 million in revneues as HTC sells 30-35 million Android based smartphones annually.

HTC’s Chief Executive told reporters that they’re happy with the licensing deal and said the $6-$8 estimate was “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.”

Samsung has requested a U.S. judge to turn over a copy of Apple’s agreement with HTC to know the extent to which the deal covered Apple’s patent portfolio.

Apple had previously offered Samsung license to its patents for a steep royalty of $30 per smartphone and $40 per tablet, and information from HTC’s deal with Apple could put the Korean company in a better negotiating position.

[via Reuters]

Scales of Justice by mikecogh from Flickr.

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