Apple and HTC Settle Patent Dispute with 10-Year Cross-Licensing Deal

After a long legal battle, HTC and Apple have finally reached a ten year deal on mutual licensing of each other’s patents.

“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.”

Via: Apple Press Releases

Updated:

While the details of the agreement haven’t been revealed, this should come as a relief to HTC as US International Trade Commission (ITC) had found HTC guilty of infringing on Apple patents and had banned some HTC’s Android-based smartphones in the US, which had delayed the shipments of HTC’s One X and Evo 4G LTE Android-based smartphones into U.S. earlier in the year. HTC had also filed a lawsuit against Apple for infringing on its patents.

Apple already has a cross-licensing deal with Microsoft and pays a licensing fee for key Nokia patents. It remains to be seen if Apple will reach an agreement with Samsung and Google-owned Motorola.

While we’ve heard about it, this is probably the first sign that Apple is indeed abandoning its thermonuclear war against Android under Tim Cook

Update 2: Interesting commentary on The Verge on why Apple and HTC settled.

Scales of Justice by mikecogh from Flickr.

  • iPhone 4

    Wouldn’t really love to know the details. And when are you going to fix the mobile site

    • http://www.iphonehacks.com iPhoneHacks

      What’s the issue with the mobile site?

      • Guy

        I’m on the mobile site now, it’s fine.

  • Xcomet3068

    And ya , y don u guys put more ads on the site so that it will be called adhacks n we will stop coming this site .!!! X

  • mkimid

    It is a really good news for both, and finially, Apple and HTC have found a way to win together