Android Central

Since HTC and Apple settled their patent disputes and agreed to a cross-licensing agreement, there's been plenty of speculation as to exactly what this deal entails. One figure floating around the blogosphere last week was $6-8 per phone -- an estimated amount that at least one analyst thinks HTC might be paying Apple.

However HTC CEO Peter Chou was quick to rubbish this particular number at a recent public appearance in Tokyo. According to reports from Reuters, when asked directly, Chou dismissed the figure as "outrageous," while saying he is "happy" with the way the settlement worked out.

"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."

The exact details of the settlement and cross-licensing agreement remain confidential, although rival manufacturer Samsung is working through the courts to reveal the exact amounts involved. It's widely speculated that at least some money is going in Cupertino's direction.

For its part, HTC's only official comment on the specifics of the agreement has been to say it doesn't expect it to have any "adverse material impact" on the company's financials.

Source: Reuters