Apple-HTC patent war ended with a 10-year licensing deal

The smartphone makers, HTC and Apple, both have finally settled their 10 years long patent dispute, signing a mutual deal.

Being agreed on mutually deal in favour to end all lawsuits between the two under a 10-year licensing agreement, both companies will allow to make cellphones without infringement or violating patient rights.

Good for both, 10 year licensing agreement is confidential, not expected to adversely impact on the financials position. Now HTC will run with Android Platform easily, getting 10 years licenses to produce handsets like ‘iPhone’.

“HTC is pleased to have resolved its dispute with Apple, so HTC can focus on innovation instead of litigation,” Peter Chou, CEO of HTC, told reporters.

HTC-Apple Patent War was started in March 2010, when Apple sued HTC for allegedly 20 violations attempts of patent infringement lead to iPhone As that resulted, in 2011, a prevention over HTC from exporting of its two cellphone models to the US, as per International Trade Commission.

The fourth World’s largest cellphone manufacturer is HTC after Samsung, Apple and Sony, which due to lawsuit bore a huge amount of losses in market being delayed launch of its cellphones including HTC ONE X in US market.

Meanwhile, Sunday’s 10-year licensing agreement announcement is expected to be Diwali offer for HTC, Taiwan Company as at that time when company is competing against Apple and South Korea’s Samsung. There are several HTC smartphone series which landed in market including Window 8 running HTC 8X and 8S and Android-based HTC One X+ and One VX.