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See the best of Reuters photography. See more Best of the AMAs Highlights from the American Music Awards. Slideshow Gaza conflict Scenes from Gaza and Israel. Slideshow Sponsored Links HTC "happy" with Apple settlement, slams media estimates Tweet Share this Email Print Related News U.S. ITC will review Apple, Samsung patent decision Mon, Nov 19 2012 Samsung goes after HTC deal to undercut Apple Fri, Nov 16 2012 Microsoft and Google financials could surface at trial Tue, Nov 13 2012 Analysis: Google's Android finally earns respect with developers Mon, Nov 12 2012 HTC shares jump after settles patent issues with Apple Mon, Nov 12 2012 Analysis & Opinion How Apple botched its fair rate case against Motorola Apple means (almost) never having to say sorry Related Topics Tech » HTC CEO Peter Chou speaks during the launch event for new Microsoft Windows 8 operating system HTC phones in New York September 19, 2012. Credit: Reuters/Brendan McDermid TOKYO | Tue Nov 20, 2012 4:08am EST TOKYO (Reuters) - Taiwan's HTC Corp is happy with its patent settlement with Apple Inc, but regards media reports on details of the licensing agreement as "outrageous", chief executive Peter Chou told reporters on Tuesday. HTC and Apple announced a global patent settlement and a 10-year licensing agreement this month after a bruising patent war between the two smartphone makers. The companies did not disclose details of the settlement or the licensing agreement, but HTC said it will not change its fourth-quarter guidance. Responding to a question about media reports that HTC will pay Apple $6 to $8 per Android phone as part of the patent settlement, Chou said it was an outrageous estimate. "I think that these estimates are baseless and very, very wrong. It is a outrageous number, but I'm not going to comment anything on a specific number. I believe we have a very, very happy settlement and a good ending," said Chou at a KDDI Corp product launch in Tokyo. Apple sued the Taiwanese handset maker in 2010, its first major legal salvo against a manufacturer using Google's Android operating system. Since the suit, a patent war has engulfed competitors including Samsung Electronics Co Ltd and Google's Motorola Mobility unit. (Reporting by Mari Saito; Editing by Michael Watson and Muralikumar Anantharaman) Tech Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. 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