“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,” Chou said at a KDDI Corp product launch in Tokyo.
In November 2012, HTC has announced it has ended its patent dispute with Apple, without giving away any specifics about the agreement. “HTC is pleased to have resolved its dispute with Apple, so HTC can focus on innovation instead of litigation,” Chou said at the time.
The $6-$8 price range comes from Sterne Agee analyst Shaw Wu, which cited multiple industry sources. Wu himself called that price range “reasonable.”