Business
Smartphone maker settles with Apple
Nov 10, 2012 / 10:51 pm
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
| Today's Market | ||
| S&P TSX | 12339.53 | -27.93 |
| S&P CDNX | 928.81 | -1.18 |
| DJIA | 15289.89 | -28.34 |
| Nasdaq | 3423.555 | 0.00 |
| S&P 500 | 1647.87 | -3.94 |
| CDN Dollar | 0.9804 | N/A |
| Gold | 1374.40 | +7.7001 |
| Oil | 98.54 | +0.10 |
| Lumber | 279.40 | -1.40 |
| Natural Gas | 3.951 | +0.046 |
| Okanagan Companies | ||
| Sun Rype | 6.20 | 0.00 |
| Pacific Safety | 0.055 | 0.00 |
| Knighthawk | 0.02 | 0.00 |
| QHR Technologies Inc | 0.64 | +0.03 |
| Cantex | 0.055 | 0.00 |
| Anavex Life Sciences | 0.735 | 0.00 |
| Metalex Ventures | 0.06 | 0.00 |
| Russel Metals | 25.46 | -0.16 |
| Copper Mountain Mining | 1.78 | -0.01 |
| Colorado Resources | 0.73 | 0.00 |
| ReliaBrand Inc | 0.13 | 0.00 |
Market turbulence takes its tollBig Picture Economic Data Remains the Focus Equity markets around the world continued to decline this week as investors remain focused on the trend of economic data and whether economic growth is stro...
House hunting: finding the right fitWith so many choices and variables, how do you find the perfect fit? Before you start your search, it’s a good idea to narrow down the playing field by looking at what would fit you best. Here&r...
Reflections on waterMy closest partner is my wife and this week I just wanted to share some of our work from her perspective, as she is more of a "thinker" than me, and I wanted to share our activities and goa...
_
- TSX adds to losses over central bank concerns
- Asian markets down over concerns
- Global energy companies 'dead serious' about B.C. natural gas, says minister
- Teletoon Canada plans to air 'Inspector Gadget' reboot
- TSX drops in early market trading
- Canadian dollar takes a hit
- Apple unveils music streaming service
- What's up Apple?
- Canadian dollar rises on job report
- Tom Cruise backs Wal-Mart
- Royal Bank to edge up mortgage rates
- Loonie surges, stocks to open higher
Showcase your business like no other marketing can and Join the growing number of businesses that get more customers.
Learn more here
