HTC to Pay Apple Licensing Fees

Aries Poon and Lorraine Luk, reporting for the WSJ:

HTC Corp. will pay licensing fees to Apple Inc. as part of its settlement agreement with the U.S. company, a person familiar with the situation said.

It was unclear how much the Taiwanese smartphone maker would pay, but given HTC’s deteriorating financial position, analysts expressed concern about its long-term competitiveness.

So much for those patents HTC borrowed from Google.

★ Monday, 12 November 2012