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

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

HTC CORP (2498)

SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

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 CET

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
02/24 HTC : VRVCA Third Investment Meeting Highlights New Trends and Increases Total F..
02/24 HTC : Patent Issued for Image Adjusting Method, Light Source Module and Electron..
02/24 HTC : Patent Issued for Systems, Devices and Methods Involving Device Identifica..
02/24 HTC : Patent Issued for Electronic Device (USPTO 9568255)
02/24 HTC : Patent Issued for Electronic Device and Image Capture Method (USPTO 957172..
02/24 HTC : Patent Issued for Conductive Structure and Electronic Assembly (USPTO 9570..
02/24 HTC : Patent Issued for Method and Apparatus for Operating Graphic Menu Bar and ..
02/23 HTC : VIVE(TM) Partners with China National Tourism Administration to Broadly En..
02/22 HTC : launches U Series of smartphones
02/22 HTC : Launches premium 'u' series
More news
Sector news : Phones & Handheld Devices - NEC
08:03p Google's digital assistant comes to new Android phones
02/25DJSAMSUNG ELECTRONICS : Reviews Donations -- WSJ
02/24DJSAMSUNG ELECTRONICS : Scandal-Struck Samsung Tightens Donations Policy -- Update
02/24DJSAMSUNG ELECTRONICS : Scandal-Struck Samsung Tightens Donations Policy
02/24 SAMSUNG ELECTRONICS : Game company seeks to block Facebook from using virtual re..
More sector news : Phones & Handheld Devices - NEC
News from SeekingAlpha
02/14 HTC Corporation 2016 Q4 - Results - Earnings Call Slides
2016 Oculus, Google, Samsung, Sony and others form Global Virtual Reality Associat..
2016 FACEBOOK : Does New Data Doom The Oculus Rift?
2016 Sony Stays On Top
2016 HTC Corporation reports Q3 results
Advertisement
Financials ( TWD)
Sales 2017 98 481 M
EBIT 2017 -6 910 M
Net income 2017 -6 571 M
Finance 2017 27 862 M
Yield 2017 0,01%
P/E ratio 2017 -
P/E ratio 2018
EV / Sales 2017 0,38x
EV / Sales 2018 0,31x
Capitalization 64 856 M
More Financials
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 20
Average target price 62,0  TWD
Spread / Average Target -21%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Hsiueh Hong Wang Chairman, President & Chief Executive Officer
David Chen Chief Operating Officer
Tao Pang Shen Chief Financial Officer
Wan Hsien Liu Chief Technology Officer
Chen Kuo Lin Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
HTC CORP2 116
SAMSUNG ELECTRONICS CO..--.--%265 117
FIH MOBILE LTD19.92%3 036
MERRY ELECTRONICS CO L..--.--%877
SEOWONINTECH CO LTD--.--%180
VUZIX CORP-19.85%123
More Results