HTC’s CEO is absolutely furious at what the media is saying about the Apple deal

November 20, 2012
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Image Credit: CCS Insight

Two Saturdays ago, Apple issued a press release saying that they’ve settled all their patent issues with HTC and that the two have entered into a decade long licensing agreement whereby both companies can share each other’s patents. That press release took everyone by surprise because we all thought Apple would never, ever, settle. Steve Jobs told his biographer, Walter Isaacson, that he would do everything in his power to wipe Android off the face of the planet. Now that Tim Cook is in charge, does the company have a new policy towards competitors?

Forgetting about Tim for a second, today HTC’s CEO, Peter Chou, told reporters at a press event in Tokyo that he’s absolutely furious with how the media handled the news of their agreement with Apple. Shortly after the deal between the two companies was announced, rumors started circulating that HTC would have to pay Apple anywhere between $6 and $8 per Android handset shipped. Chou says those numbers are “outrageous” and that the rumors are “baseless”. HTC has repeatedly said that their Q4 financial results will not be impacted by the deal with Apple, so we don’t know where that $6 to $8 figure came from in the first place.

Truth be told, we don’t really know why anyone cares about this HTC deal. The company is in dire straits. They’re not performing as well as they used to in 2010, and these days, all the Android devices worth buying are made by either Samsung (Galaxy S3, Note 2) or LG (Nexus 4). That’s not to say that we don’t acknowledge how awesome an achievement the recently launched Droid DNA is, but it’s not going to be too long until we see 1080p smartphones from other companies.

Does HTC need to replace Chou in order to succeed? That’s a rumor that was first published by the Taiwanese publication Next Magazine. According to the Financial Times, not only is the rumor grossly incorrect, but HTC has said that they’re going to take the magazine to court!

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