Register Hello & Welcome to AndroidTablets.net, is this your first visit?

Results 1 to 2 of 2
  1. #1
    Editor in Chief
    Points: 87,092, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 35.0%
    Achievements:
    Veteran Recommendation First Class 50,000 Experience Points Recommendation Second Class 25,000 Experience Points

    Member #
    12177
    Join Date
    Jan 2011
    Posts
    1,878
    Thanked
    115 times
    Points
    87,092
    Level
    100

    HTC and Apple Declare Patent War Truce with 10-Year Licensing Agreement


    Just yesterday, HTC and Apple made a surprising announcement. Apparently they worked out a 10-year patent licensing deal that effectively ends their current patent wars. In fact, this new deal even covers future patented technologies. However, while this news initially seems like magical & rosy Christmas-land, in many ways, it's still a huge loss for HTC and Android. Although the details of the agreement were not officially released, insider intel indicated that HTC will effectively have to pay Apple $6 to $8 dollars per Android device they sell. On top of the money that HTC must pay Microsoft for a similar licensing deal, much of HTC's profit is eroded in Android. This can't be good for a company that is already struggling to stay above water.

    Of course, there still are no details on how much Apple will have to recompense HTC to license their tech, so some of this could be offset. Regardless, could we be seeing the patent wars winding down?

    Here's the press release below,

    Posted Nov 11, 2012
    HTC AND APPLE SETTLE PATENT DISPUTE. All Patent Litigation Between The Companies Dismissed

    1.Date of occurrence of the event:2012/11/11
    2.Company name:HTC Corporation
    3.Relationship to the Company (please enter "head office" or
    "affiliate company"):Head Office
    4.Reciprocal shareholding ratios:N/A
    5.Cause of occurrence:HTC and Apple have reached a global settlement
    that includes the dismissal of all current lawsuits and a ten-year
    license agreement. The license extends to current and future patents
    held by both parties. The terms of the settlement are confidential.
    6.Countermeasures:None
    7.Any other matters that need to be specified:There is no material
    adverse impact on the financials of the Company.

    HTC AND APPLE SETTLE PATENT DISPUTE

    All Patent Litigation Between The Companies Dismissed

    TAIPEI and CUPERTINO, California - November 11, 2012 – HTC and Apple have reached a global settlement that includes the dismissal of all current lawsuits and a ten-year license agreement. The license extends to current and future patents held by both parties. The terms of the settlement are confidential.

    "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."
    Last edited by dgstorm; 11-12-2012 at 10:38 AM.

  2. # ADS
    Ads
    Circuit advertisement
    Join Date
    Always
    Posts
    Many

  3. #2
    Super Moderator Achievements:
    50,000 Experience Points Recommendation Second Class 25,000 Experience Points 1 year registered 10,000 Experience Points

    Member #
    12338
    Join Date
    Jan 2011
    Location
    Northern CA
    Posts
    5,174
    Thanked
    899 times
    Device
    Nook Color, Nook Tablet 16GB, Vizio VTab, Nexus 7
    Good news in general. This seems to be a different direction for Apple than Steve Jobs' "thermonuclear" statement which implied not quarter. If companies want to use the patents are ok paying and Apple is willing to license to them that is better than not allowing any use and fighting everything out in court.
    Nexus 7
    Nook Color -
    (SD): 1. CM7 7.1.0, 2. CM7 7.0.3 Encore
    (eMMC): CM10 Nightlies
    Nook Tablet 16GB: Jelly Bean
    VTAB1008: Rooted Gingerbread

    Android OS Help & How To

    “Problems cannot be solved by the same level of thinking that created them.” - Albert Einstein


 

Ads:

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Similar Threads

  1. Replies: 9
    Last Post: 11-09-2012, 08:35 AM
  2. Replies: 2
    Last Post: 07-19-2012, 08:10 PM
  3. Apple Granted a Patent for Google-Glasses Like Device
    By dgstorm in forum Android Tablet News
    Replies: 3
    Last Post: 07-06-2012, 05:36 PM
  4. Replies: 0
    Last Post: 03-30-2012, 10:44 AM
  5. Apple patent - Android in serious trouble?
    By Spider in forum Android Tablet News Depot
    Replies: 3
    Last Post: 08-12-2011, 06:43 PM
Powered by vBulletin® Version 4.1.11
Copyright © 2014 vBulletin Solutions, Inc. All rights reserved.
Android Tablets.net is not affiliated or associated with Google, Android Project or any of the device manufacturers listed on this site.
We are simply an enthusiast site.
All times are GMT -5. The time now is 08:41 AM.