“‘It may be true that HTC may have agreed to pay 300 billion won (US$276 million) to Apple, but we don’t intend to (negotiate) at all,’ Shin Jong-kyun, who heads the South Korean tech giant’s mobile and IT division, told reporters,” Yonhap reports. “While the terms of the settlement were undisclosed, market watchers speculate HTC will pay between $6 to $8 per phone, which would amount to $180 million to $280 million a year.”
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MacDailyNews Take: Trying to save face when it’s beyond saving is pitiful, Samsung.
Apple’s products came first, then Samsung’s:
Next year, Apple and Microsoft could make 600% more from Android than Google – November 13, 2012
Analyst: HTC settlement worth up to $8 per phone for Apple; serve as model for future deals with Apple patent infringers – November 12, 2012
Convicted patent infringer Samsung acuses Apple of trying to limit consumer choice – September 1, 2012
Apple kicks Google’s Android in the teeth; $1.05 billion jury award may really be worth $450 billion – August 27, 2012