HTC Defeats Apple in Swipe-to-Unlock Patent Dispute

Despite the good news on the patent front, HTC's latest earnings report is disappointing for the smartphone maker.


How to Help Your Business Become an AI Early Adopter

BBC News: It's been a good new/bad news kind of day for smartphone maker HTC. First the good news: HTC won a patent infringement case brought by Apple. London's High Court ruled that three of the Apple patents covering "slide-to-unlock" technology were invalid because they were "obvious." The court said the fourth patent at issue in the case did not apply to HTC's devices.

Now, the bad news: HTC's profit declined 58 percent in its most recent quarter. The company reported net profit of $7.40 billion New Taiwan dollars ($247 million), a marked drop from NT$17.52 billion the previous year. Analysts say the smartphone maker's prospects don't look good either. "HTC's third-quarter outlook is dim as competition is still fierce, with new smartphones from Samsung and Apple," opined Yuanta analyst Dennis Chan.

Tags: Apple, earnings, smartphone, patent lawsuit, HTC

0 Comments (click to add your comment)
Comment and Contribute


(Maximum characters: 1200). You have characters left.



IT Management Daily
Don't miss an article. Subscribe to our newsletter below.

By submitting your information, you agree that datamation.com may send you Datamation offers via email, phone and text message, as well as email offers about other products and services that Datamation believes may be of interest to you. Datamation will process your information in accordance with the Quinstreet Privacy Policy.