HTC to pay Apple up to US$8 per Android device in new agreement?

HTCApple and HTC settled their legal differences over the weekend and entered into a new 10-year licensing agreement. The terms were not disclosed by the companies but the agreement could be quite lucrative for Apple if Sterne Agee analyst Shaw Wu is correct.

Citing multiple industry sources, Wu suggests that HTC will pay Apple between US$6 and US$8 in licensing fees for each Android device it sells. That could work out to between US$180 and US$280 million if HTC sells between 30 and 35 million Android smartphones in 2013.

HTC indicated that the agreement would not have any adverse material impact on its financials, suggesting that Apple could also be paying HTC some licensing fees thereby reducing the net amount HTC will pay Apple.

HTC already pays a reported US$5 per Android device to Microsoft to cover a separate licensing agreement.

Read more: Mashable

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