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
07/21 HTC : Patent Issued for Mobile Electronic Device and Sound Playback Method (USPT..
07/21 HTC : Patent Issued for Electronic Apparatus and Adjustment Method (USPTO 939218..
07/21 HTC : Patent Issued for Method of Device Discovery in Wireless Communication Sys..
07/21 HTC : to participate in US-led wireless research initiative
07/19 HTC : Users of HTC Vive can now experience Star Wars game on headset
07/19 HTC : Radd3 Secures USD2.2 Million in Series A Funding Round
07/15 HTC : Patent Issued for Method of Handling a Cell Addition for Dual Connectivity..
07/14 HTC : Vive showing in Japan lifts HTC shares past NT$100 on main index
07/07 HTC : Patent Issued for Accessory, Electronic Assembly, Control Method, and Meth..
07/07 HTC : Patent Issued for Image Composition Apparatus and Method (USPTO 9380213)
More news
Sector news : Phones & Handheld Devices - NEC
05:46a SAMSUNG ELECTRONICS : tips 'solid' second half profits on components pickup
03:25aDJSAMSUNG ELECTRONICS : Reports Most Profitable Quarter in Two Years
02:36aDJSAMSUNG ELECTRONICS : Reports Most Profitable Quarter in Two Years on Sales of G..
07/27DJGoPro Reports Loss, but Results Top Expectations
07/27DJChina's LeEco Buys U.S.-Based Vizio -- WSJ
More sector news : Phones & Handheld Devices - NEC
News from SeekingAlpha
04/06 Intel Becomes More Transparent, WhatsApp Embraces Encryption, Amazon Preps A ..
04/05 NVIDIA : Technological Shift To Drive Earnings Through The Roof In The Next Few ..
03/22 Under Armour Health Box And UA Band Unable To Compete With Fitbit
03/18 A HORDE OF 3 : These Are The Real Competitors In Wearables
03/14 WALL STREET BREAKFAST : Equities Hold Gains Ahead Of Fed, Data Heavy Week
Advertisement
Financials ( TWD)
Sales 2016 90 868 M
EBIT 2016 -11 140 M
Net income 2016 -8 445 M
Finance 2016 26 070 M
Yield 2016 0,01%
P/E ratio 2016 -
P/E ratio 2017
EV / Sales 2016 0,59x
EV / Sales 2017 0,52x
Capitalization 79 763 M
More Financials
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 21
Average target price 61,7  TWD
Spread / Average Target -36%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Hsiueh Hong Wang Chairman & Chief Executive Officer
Chia Lin Chang Chief Financial Officer & President-Global Sales
Chen Kuo Lin Independent Director
Wen Chi Chen Director
Huo Tu Cho Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
HTC CORP2 491
SAMSUNG ELECTRONICS CO..--.--%216 064
NOKIA CORP-19.71%33 622
FIH MOBILE LTD-10.44%2 727
TCL COMMUNICATION TECH..22.85%1 150
COOLPAD GROUP LTD-12.90%874
More Results