This Saturday, Apple Inc. and HTC Corp agreed to a
settlement in their legal battle. “Apple and HTC settle global patent battle”
by Dan Levine of Reuters.com reports both agreed to a “10-year licensing agreement that ends
one of the first major conflagrations of the smartphone patent wars”.
This comes a few months after Samsung lost to Apple in one of
their patent legal battles. Tim Cook has expressed to media outlets that he
offered licensing agreements to Samsung and other companies before pursuing
legal efforts. Samsung’s $1.05 billion loss and the cost of fighting a
multi-year international case likely encouraged HTC to settle rather than
continue the case. The article reports Apple had been able “to actually disrupt
the flow of products into the crucial U.S. market”. With the licensing
agreement, HTC should be able to bring more products into the market.
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