Apple & HTC Settle All Litigation

Late Saturday – on the eve of Armistice Day – Apple and HTC announced that they have settled their patent litigation at the price of a 10-year license agreement that covers “current and future patents held by both parties.” Terms aren’t being disclosed. An HTC spokeswoman told the Wall Street Journal that the company “doesn’t expect the license agreement to have an adverse material impact” on it. Back in 2010 Apple offered Samsung terms of $30 a smartphone and $40 a tablet or $24 for a cross license, sums that might be pricey for HTC, which unlike Samsung, is no longer a serious market threat. It’s the first licensing deal Apple has cut with an Android vendor.

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