HTC says it's happy with its patent settlement with Apple but says media reports on the details of the agreement are 'outrageous', reports Reuters.
Chief Executive Peter Chou made the comments on Tuesday when asked about reports that HTC will pay Apple $6 to $8 per device.
"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," said Chou at a KDDI Corp product launch in Tokyo.