Taiwanese smartphone maker HTC Corp. has settled with Apple Inc. on their outstanding patent disputes.
In a joint statement Sunday, the two companies said they also signed a 10-year license agreement that will extend to current and future patents held by one other.
Apple and HTC had battled patents over various smartphone features since March 2010, with the Cupertino-based firm accusing HTC phones that run on Google's Android software of infringing on its patents.
HTC chief executive Peter Chou says ending the litigation will allow his company to focus more on product innovation.
HTC has grown as the first maker of phones running on Android software. But its sales faltered from the second half of 2011 in a market increasingly divided between Apple and Samsung Electronics Co.
Read more Business News
- Missing snowmobilersCentral Okanagan - 7:35 am
- Grow-op garage fireKelowna - 9:08 am
- Victim sleeps in trailer to prevent theftVernon / N. Okanagan - 9:39 am
- Lumby student rules with pastaKelowna - 9:37 am
|QHR Technologies Inc||1.18||+0.02|
|Anavex Life Sciences||0.42||-0.018|
|Copper Mountain Mining||2.20||-0.09|
|Sunrise Resources Ltd||0.035||+0.005|
|Mission Ready Services||0.295||0.00|
How will you pay for this today? Maybe it’s time to change the way you answer this common checkout question.With more payment options than ever, consumers can find easy ways to save money, simpl...
In the razzle dazzle of Hollywood it is hard to find anyone who stands out from the crowd. The fraternity of Actors, Producers, Directors and various other technical guru’s seem to live in a wo...
This past Sunday I drove from Kelowna to Powell River. For those of you who’ve never had to, particularly in winter, it means rising in the wee hours; managing a treacherous journey on the Coqui...