HTC: No Way Are We Paying Apple $8 Per Phone

Earlier this month it was announced that Apple and HTC reached a patent settlement that would see the Taiwanese phone manufacturer enter into a 10-year licensing agreement. Now, HTC has firmly rumoured figures which suggested they would pony up $US8 to Cook and co for every Android handset it sold.

Peter Chou, CEO of HTC, has referred to the $US8 figure as "outrageous," reports Reuters. During an interview in Tokyo he explained:

"I think that these estimates are baseless and very, very wrong. It is a outrageous number, but I'm not going to comment anything on a specific number. I believe we have a very, very happy settlement and a good ending."

So, while it's not clear exactly how much HTC is paying Apple, it seems it's not quite as generous as the rumour mill had you believe. [Reuters]

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