HTC and Apple reached a Global Settlement to all their lawsuits
HTC and Apple reached a Global Settlement to all their lawsuits
11 November, 2012
Apple
Apple and HTC have settled their patent disputes. The two companies have reached a "global settlement" with confidential terms, which dismisses all their current lawsuits. The agreement includes all current and future patents held by the two giants and will extend over the next ten years.
Peter Chou, CEO of HTC issued this Statement :
"HTC is pleased to have resolved its dispute with Apple, so HTC can focus on innovation instead of litigation." - Peter Chou, CEO, HTC
In Other Hands Apple CEO, Tim Cook, issued this Statement :
"We are glad to have reached a settlement with HTC, and we will continue to stay laser focused on product innovation."
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