Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  TAIWAN STOCK EXCHANGE  >  HTC Corp    2498   TW0002498003

SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Apple and HTC settle global patent battle

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/11/2012 | 04:01am CEST

Apple Inc and HTC Corp announced on Saturday a global patent settlement and 10-year licensing agreement that ends one of the first major conflagrations of the smartphone patent wars.

Apple sued HTC in 2010, accusing the Taiwanese handset company of infringing on the iPhone maker's patented technology. It was Apple's first major legal salvo against a manufacturer that used Google's Android operating system.

Apple and HTC did not disclose specific terms of the deal. In a joint statement, Apple chief executive Tim Cook said he was glad to reach a settlement.

"We will continue to stay laser focused on product innovation," Cook said. HTC chief executive Peter Chou said his company was pleased to resolve the dispute so it could "focus on innovation instead of litigation."

Since Apple first sued HTC, its smartphone patent war has engulfed competitors like Samsung Electronics Co Ltd and Google's Motorola Mobility unit.

The iPhone maker won a $1.05 billion verdict against Samsung in August, while litigation against Motorola has failed to produce any decisive wins.

However, Apple had the most success against HTC when it came to using litigation to actually disrupt the flow of products into the crucial U.S. market.

Late last year, the U.S. International Trade Commission ruled that HTC had infringed upon one of four patents Apple had disputed and imposed a sales ban on some of the Taiwanese maker's phones.

Though HTC said it had devised a technical workaround to Apple's patents, the company announced in May that shipments of its phones were being held up by U.S. customs officials.

Once one of the industry's high flyers, HTC has been badly hit by competition from Apple and Samsung. Last month HTC forecast a 14.5 percent fall in revenue in the fourth quarter from the third, worse than analyst forecasts and the second straight quarterly decline this year.

(Reporting By Dan Levine; Editing by Peter Cooney and Todd Eastham)

By Dan Levine

Stocks treated in this article : Samsung Electronics Co., Ltd., HTC Corp, Apple Inc., Google Inc
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on HTC CORP
05:11p HTC : The Industry of Virtual Reality Alliance Launches In Beijing As the Only O..
02:40p CAPTURE LIFE’S BRILLIANCE FROM : Available only on Amazon.in and HTC e-sto..
09/27 HTC : VIVE(TM) Partners with Udacity to Deliver World's First VR Content Develop..
09/27 HTC : Renews Partnership with Football Franchise North East United FC (NEUFC) as..
09/26 HTC : VRVCA Successfully Holds First Members Meeting, Uniting the Global Investm..
09/21 HTC : launches two new smartphones
09/21 HTC : New HTC Desire 10 captures life’s radiance in all sides
09/21 HTC : unveils Desire 10 Pro and Lifestyle
09/16 SONY : Aims to extend virtual reality content to films
09/15 HTC : Patent Issued for Mobile Device and Antenna Structure Using Ionic Polymer ..
More news
Sector news : Phones & Handheld Devices - NEC
05:07pDJSAMSUNG ELECTRONICS : Battles Trust Concerns in Key Market of China
04:52pDJSAMSUNG ELECTRONICS : Battles Trust Concerns in Key Market of China
06:19a SAMSUNG ELECTRONICS : says in talks with U.S. watchdog on washing machine safety..
09/28DJSAMSUNG ELECTRONICS : in Talks With U.S. Safety Regulators Over Washing Machines
09/28DJSAMSUNG ELECTRONICS : in Talks With U.S. Safety Regulators Over Washing Machines
More sector news : Phones & Handheld Devices - NEC
News from SeekingAlpha
08/09 WALL STREET BREAKFAST : Futures Flat As Stocks Remain Range Bound
08/09 Alibaba, HTC partner on virtual reality
08/02 HTC Corporation 2016 Q2 - Results - Earnings Call Slides
08/02 HTC Corporation's (HTCKF) CEO Chialin Chang on Q2 2016 Results - Earnings Cal..
08/02 HTC Corporation reports Q2 results
Advertisement
Financials ( TWD)
Sales 2016 84 232 M
EBIT 2016 -12 509 M
Net income 2016 -9 505 M
Finance 2016 33 004 M
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017
EV / Sales 2016 0,43x
EV / Sales 2017 0,41x
Capitalization 69 119 M
More Financials
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 19
Average target price 61,0  TWD
Spread / Average Target -27%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Hsiueh Hong Wang Chairman & Chief Executive Officer
Chia Lin Chang Chief Financial Officer & President-Global Sales
Chen Kuo Lin Independent Director
Wen Chi Chen Director
Huo Tu Cho Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
HTC CORP2 204
SAMSUNG ELECTRONICS CO..--.--%225 706
NOKIA CORP-24.52%33 383
FIH MOBILE LTD-12.46%2 647
TCL COMMUNICATION TECH..31.28%1 232
COOLPAD GROUP LTD-2.58%979
More Results