Nokia, HTC end litigation proceedingsFebruary 10th, 2014 in Technology / Business
Nokia Corp. says it has settled all pending patent litigation with HTC.
The Finnish company says it has signed a patent and technology collaboration agreement with Taiwan's HTC Corp.
The deal should help strengthen Nokia's licensing offering.
Though HTC will make payments to Nokia, no financial details were disclosed Monday as the terms of the agreement are said to be confidential.
The patent dispute between the two companies was one of many in the fast-growing market for smartphones. Others embroiled in disputes of their own include market leader Apple Inc., South Korea's Samsung Electronics, Google Inc. and Microsoft Corp.
Last November, Nokia said it had extended a patent license agreement with Samsung for a further five years.
© 2014 The Associated Press. All rights reserved.
"Nokia, HTC end litigation proceedings." February 10th, 2014. http://phys.org/news/2014-02-nokia-htc-litigation-proceedings.html