Microsoft To Receive Royalties From Foxconn Parent Company For Android and Chrome Devices
Microsoft Corporation will be receiving royalties from Foxconn’s parent company Hon Hai Precision Industry. The royalties provides broad coverage under Microsoft’s patent portfolio for devices that run the Android and Chrome operating system on smartphones, tablets, and TVs. The contents of the agreement are confidential. Hon Hai is one out of many companies that is paying Microsoft royalties for use of the Android and Chrome OS.
“We are pleased that the list of companies benefitting from Microsoft’s Android licensing program now includes the world’s largest contract manufacturer, Hon Hai,” stated Microsoft corporation VP and deputy general counsel of the Intellectual Property Group at Microsoft. “By licensing both brand name companies and their contract manufacturers, we have successfully increased the overall effectiveness and global reach of the program.”
Microsoft launched their IP licensing program in December 2003 and has entered in over 1,100 licensing agreements. Some of the other companies that have signed similar deals with Microsoft regarding the usage of Android include Samsung, HTC, Barnes & Noble, and Acer.