HTC may back out of S3 buy after legal defeat
HTC is feeling a little buyer's remorse.
The Taiwanese smartphone manufacturer said today that it would reconsider its planned acquisition of S3 Graphics, according to Bloomberg.
The value of S3 is debatable after the U.S. International Trade Commission ruled Apple did not violate its patents and terminated the investigation, dealing HTC a critical blow. HTC had intended for S3's patents to provide it with some legal cover in its ongoing court battle with Apple over intellectual property related to features found in touchscreen smartphones.
"We view this as a negative sign for HTC, which will now … Read more