HTC To Invest In Dr. Dre’s Beats Electronics

HTC is about to invest $300 million in Dr. Dre’s Beats Electronics, maker of the famous Beats By Dre headphone line. This deal will eventually make Dr. Dre the richest rapper in the Hip-Hop world.

Dr. Dre is already one of the wealthiest rappers and producers in the world. He is the man behind famous names like Eminem, 50 Cent, Snoop Dogg and many more. This deal will make him more richer and ultimately the wealthiest rapper alive.

HTC wants to beat its competitors Samsung and Apple Inc. in the mobile market where the company is slowly losing its influence due to some patent infringement issues.

HTC will have 51% shares in Beats Electronics and will use its technology and influence to market its products more efficiently. Beats Electronics has got a huge number of fans worldwide and seeing this, we can say that HTC’s sales will increase for sure.

Dr. Dre’s worth is nearly $125 million right now and he is one of the few artists who have registered a net worth of $100 million or more. Following this huge investment by HTC, Dre’s worth will rise rapidly and who knows, maybe he’ll cross the $200 million mark.

On the other side, HTC will also be benefited as Dr. Dre’s name is a brand in itself.

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Investors Doubt HTC’s Growth Due To Apple Lawsuit

Investors have started doubting HTC’s future growth as the Taiwanese firm is amidst a lawsuit with Apple Inc. Investors have talked to HTC’s CEO, Peter Chou, over this issue and he has guaranteed them that this lawsuit will not have any effect on the company’s growth.

Chou addressed the company’s investors at an investor conference and seemed confident that this “distraction” with International Trade Commission and Apple Inc. will not affect HTC in any aspect.

Apple recently sued HTC over patent infringements and ITC slammed HTC by issuing a ruling in Apple’s favor. The patents which, according to Apple, were violated by HTC deal with how the phone handles data sent to it from other devices over a network and how a device opens an e-mail.

HTC has recently purchased S3 Graphics with an intent to increase its $300 million net price tag. Chou also stated that HTC was closely following the tablet market and plans to be more competitive by launching new products in near future.

Whatever Chou claims, HTC is currently under a fierce battle with Apple. Some days prior, HTC indicated that it wants to settle its differences with Apple with a series of talks.

Will this lawsuit affect HTC or will this matter be solved out of the court?

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HTC To Compromise With Apple?

If you thought that Apple and HTC could settle their scores only in the court, you might be wrong. HTC is going to initiate talks with Apple Inc. over their copyright and patent dispute.

HTC’s CFO Winston Yung told media persons that,”We (Apple & HTC) have to sit down and figure things out”. This statement comes after HTC started using harsh words against Apple and began criticizing it openly.

HTC and Apple are arch nemesis. Both are smartphone giants and generally are in neck-to-neck competition. Apple had sued HTC for patent infringement of its iDevices. HTC has appealed against this and a hearing is scheduled in a few days.

HTC was also slammed up by ITC(International Trades Commission) over infringement of Apple patents. It seems that HTC had no other option than settling this matter with Apple Inc. outside the court.

Even if HTC chooses to fight the legal battle, there is only a little chance of it winning against Apple, whose case according to experts is pretty strong.

We must get ready for surprises as HTC may have to change some of its products as Apple is very strict about copyright issues.

Whatever may be the result of this feud, one thing is sure that the end result is sure to benefit the winning side in the long term.

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HTC To Appeal Apple Patent Ruling

HTC is going to appeal a ruling by a United States trade body which accuses it for the infringement of two patents held by Apple Inc. Last year, Apple filed a complaint against HTC with the US International Trade Commission accusing it of violating ten patents related to the iPhone.

HTC said that it will “vigorously fight” these two remaining patents through an appeal before the ITC commissioners who make the final decision. According to HTC, it will use “all means possible” to defend itself.

HTC general counsel Grace Lei said in a statement that, “We strongly believe we have alternate solutions in place for the issues raised by Apple. We look forward to resolving this case.”

The patents which, according to Apple, were violated by HTC deal with how the phone handles data sent to it from other devices over a network and how a device opens an e-mail.

HTC continues to deny all allegations of Apple over its patents and is seriously planning to protect its intellectual property which has been targeted by the American giant since last year.

As the competition in the smartphone market is on increase, more patent related disputes in near future won’t come off as a surprise.

What do you guys think?

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