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.
Scales of Justice by mikecogh from Flickr.Like this post? Share it!