HTC To Buy S3 Graphics To Strengthen Its Legal Case Against Apple

htc to buy s3 graphics to strengthen its legal case against apple

HTC is going to purchase Graphics company, S3 to make their legal case against Apple more hard and it will help HTC to expand its patent portfolio. After its initial purchase last summer HTC rethinks again and now they finalised the purchase of S3 to strengthen its patents. HTC’s general counsel, Grace Lei, said [quote]“We think S3′s patent portfolio is valid and strong, and we have decided to complete the purchase after cautious assessment.”[/quote].

HTC has set price for the buyout stand that is $300 Million for 270 patents which not a bad deal. It will make HTC to better defend its cases against Apple. HTC is also rumored to make their own graphics chips after buyout which will help their devices manufacturing and development in the future.

Via: TechnoBuffalo

htc to buy s3 graphics to strengthen its legal case against apple
Simranpal Singh
Simranpal Singh
With a decade-long journey in the tech industry, I've been actively engaged in tech reporting across various reputable publications. He currently works as a Web Developer at RightNode Media and pursues his hobby of writing on GoAndroid. Enjoy travelling, and always excited about new tech trends. He actively contributes on GizmoChina and GChromecast Hub.


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