HTC and Apple Settle Patent Dispute

HTC and Apple Settle Patent Dispute

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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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HTC and Apple Settle Patent Dispute
Tim Cock - 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!
Sabtain - November 12, 2012 at 5:02am
Apple can't do that
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 !!!!!!!!!
Sabtain - November 12, 2012 at 5:04am
Yes but apple get that so gave money
Gwyneth - November 11, 2012 at 3:59pm
Apple is just so pathetically insecure, so fearfully intimidated by anyone else's innovations that they have to dissect everything in the hopes of finding something that might remotely resemble anything of Apple's. Then Apple runs to sue hoping there is a daddy or mommy judge type that will give Apple the attention Apple so craves... Apple uses Samsung parts but sues Samsung for A to Z. Samsung and everyone else should just severe the ties and tell Apple to make Apple parts only to go into Apple products. Apple would be totally nowhere then! Yes I understand the probable economical impact for all companies involved but I am sick and tired of petty controlling tyrants who think they know it all because they are smarter than everyone else and who think everybody should worship the ground the ground they walk on.
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