Apple and HTC settle smartphone patent battle.
The specific terms of the deal have not been revealed, but Apple chief executive Tim Cook said he was glad to reach a settlement.
“We will continue to stay laser focused on product innovation,” Cook said.
HTC chief executive Peter Chou said his company was pleased to resolve the dispute so it could “focus on innovation instead of litigation.”
Apple sued the Taiwanese phone-maker in 2010, claiming iPhone technology had been infringed.
It was the Californian company’s first major legal salvo against a manufacturer that used Google’s Android operating system.
Since Apple first sued HTC, its smartphone patent war has engulfed competitors like Samsung and Google.
In August, the iPhone maker won a $1.05 billion verdict against Samsung in a California court, but it lost a similar case in a Korean court.
Apple achieved the most success against HTC when it came to using litigation to actually disrupt the flow of products into the crucial US market.
Late last year, the US International Trade Commission ruled that HTC had infringed upon one of four patents Apple had disputed and imposed a sales ban on some of the Taiwanese maker’s phones.
Though HTC said it had devised a technical workaround to Apple’s patents, the company announced in May that shipments of its phones were being held up by US customs officials.
Once one of the industry’s high flyers, HTC has been badly hit by competition from Apple and Samsung. Last month HTC forecast a 14.5% fall in revenue in the fourth quarter from the third, worse than analysts had predicted.
Author: Moses Echodu
Moses is a Ugandan writer and blogger. Studied information technology with major interests in Journalism.He is passionate about sports but at times ventures into other fields
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