By: MATT JARZEMSKY AND PAUL MOZUR
Source: http://online.wsj.com
The U.S. International Trade Commission ruled that Apple Inc. products don't infringe on patents held by HTC Corp.'s recently acquired subsidiary S3 Graphics, a setback for the Android handset maker.
The news sent shares of the Taiwan-based smartphone maker down by more than 5% early Tuesday, as the decision called into question the rationale behind HTC's $300 million acquisition.
HTC Chief Financial Officer Winston Yung on Tuesday defended the purchase of S3 Graphics, a Freemont, Calif.-based company that supplies graphics and video capability for its portfolio of patents.
Source: http://online.wsj.com/article/SB10001424052970204443404577052900155171364.html#ixzz1eQSjyv7Q
Source: http://online.wsj.com
The U.S. International Trade Commission ruled that Apple Inc. products don't infringe on patents held by HTC Corp.'s recently acquired subsidiary S3 Graphics, a setback for the Android handset maker.
The news sent shares of the Taiwan-based smartphone maker down by more than 5% early Tuesday, as the decision called into question the rationale behind HTC's $300 million acquisition.
HTC Chief Financial Officer Winston Yung on Tuesday defended the purchase of S3 Graphics, a Freemont, Calif.-based company that supplies graphics and video capability for its portfolio of patents.
Source: http://online.wsj.com/article/SB10001424052970204443404577052900155171364.html#ixzz1eQSjyv7Q
