HTC and Apple have announced a global settlement that includes the dismissal of all current lawsuits and a ten-year license agreement.
The license extends to current and future patents held by both parties. The terms of the settlement are confidential.
“HTC is pleased to have resolved its dispute with Apple, so HTC can focus on innovation instead of litigation,” said Peter Chou, CEO of HTC.
“We are glad to have reached a settlement with HTC,” said Tim Cook, CEO of Apple. “We will continue to stay laser focused on product innovation.”
AllThingsD notes that HTC does not expect the agreement to have an "adverse material impact" on its financials. Thus, it appears the amount the company is paying is relatively cheap.
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Comments (10)
Comments are closed for this article.
0
Glocknine - November 11, 2012 at 9:28pm
Apple is trying arm itself for lte and they must be planning to use htc to sue google motorolla since the new htc and motolla smartphones looks thesame!
0
Sabtain - November 12, 2012 at 5:02am
Apple can't do that
0
sleepy926 - November 11, 2012 at 5:54pm
the terms of the settlement are confidential.
jajaja not they inter change patent one need the other
htc owns most of the 4glte patent !!!!!!!!!! so you what going on !!!!!!!!!
0
Rick - November 11, 2012 at 3:58pm
This is just the beginning...Apple is losing patent war all over the world except the US where patent law is so archaic and old that there are companies formed just to trade in patents....Also the win Apple had against Samsung was due to the stupid Jury and not because of real patent infringement by Samsung
0
l00l - November 11, 2012 at 2:49pm
And this is the way it should be!
0
Raynoch - November 22, 2012 at 9:13pm
This airclte keeps it real, no doubt.
0
Faraday - November 11, 2012 at 12:14pm
Part of the reason is the number of patents HTC own and Apple are (allegedly) infringing upon...
0
Csdb - November 11, 2012 at 8:58am
It took only two months after Samsung landslide trial loss for the first Android licensee to agree paying up for Apple's patents. I predict this is only the beginning of a long list of new licensees....
0
John doe - November 11, 2012 at 5:10pm
we don't know if HTC paid anything because they haven't released the terms of the settlement and they probably won't unless a judge orders apple to reveal them in the samsung case. HTC owns LTE patents and they threatened to sue apple with them so since they sold the first LTE device it would be hard for a jury to not find apple guilty.
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