As Apple’s patent lawsuits against HTC have created concerns among market watchers, and have even strongly impacted HTC’s stock price, Wang pointed out that the player, which started the patent war, wants either money or market influence and should consider any related losses as costs of doing business.
This comes after Eric Schmidt’s claim that Apple is suing Android vendors out of jealousy and lack of innovation. Wang also mentioned that this patent war will only result to increase in competitors’ costs, and since patents can be traded, they can become a threshold for an IT player’s business. So companies should be cautious.