Aside from kissing and making up, the two have announced that they have entered a 10-year patent licensing deal. We’re hoping Samsung will follow suit.
Like Samsung and Apple, HTC has had a fair share of legal debacles against the Cupertino firm. However, it looks like the filing of lawsuits between two has now ended. Well, for ten years at least. For the next ten years, the two technology giants have entered into a joint licensing agreement involving all of their current and future patents. Understandably, the two have opted to keep the financial terms of the agreement a secret.
Speaking about the deal, HTC CEO, Peter Chou, briefly said, “HTC is pleased to have resolved its dispute with Apple, so HTC can focus on innovation instead of litigation.”
Tim Cook, Apple’s CEO, said, “We are glad to have reached a settlement with HTC. We will continue to stay laser focused on product innovation.”
In March of 2010, Apple filed a lawsuit against HTC for infringing on 10 of its patents. In a countersuit two months after, the One X-maker filed a lawsuit against iPhone-maker for patent infringement. It seemed as if Apple gained the upper hand, when HTC was found guilty of infringing two Apple patents in 2011. Apple, however, failed to ban the sale of HTC products in the US.
We’re hoping this will be the same case with other companies. All we want to see is industry giants focusing more on innovating technology instead of spending billions on patent disputes.
Do you think this latest development will pave the way to tech giants letting go of their differences, or do you think this is wishful thinking? Let us know what you think through a comment on our Facebook page.