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 today 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.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.