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
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.