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Taiwan's HTC to pay $75m for ADC patents

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By Imad Uddin
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TAIPEI: Taiwan's leading smartphone maker HTC said Sunday it planned to spend $75 million buying dozens of patents from a US communications company.

The deal will enable HTC to obtain 82 global patents from Minnesota-based ADC Telecommunications, HTC said in a brief statement. It will also include 14 pending patent applications.

The Taipei-based Economic Daily News said the deal was expected to help HTC consolidate its leadership in next-generation, or 4G, telecommunications technologies.

HTC makes handsets for a number of leading US companies and is the manufacturer of the Nexus One, unveiled by Apple rival Google last year.

Copyright AFP (Agence France-Presse), 2011

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