HTC Settle Patent Dispute with Nokia, Sharing Their Own Patents In the Agreement
Nokia and HTC have buried the hatchet over their patent disputes following months of court battles, rulings and appeals.
According to a statement released yesterday by Nokia the two smartphone manufacturers have “entered into a patent and technology collaboration agreement”. HTC, who saw their range of flagship One devices receive a sale injunction in Germany among other countries, will be making payments to Nokia as well as sharing their LTE patents with the Finnish company.
The statements reads:
All patent litigation between the companies dismissed
Espoo, Finland – Nokia and HTC have settled all pending patent litigation between them, and entered into a patent and technology collaboration agreement. HTC will make payments to Nokia and the collaboration will involve HTC’s LTE patent portfolio, further strengthening Nokia’s licensing offering. The companies will also explore future technology collaboration opportunities. The full terms of the agreement are confidential.
“We are very pleased to have reached a settlement and collaboration agreement with HTC, which is a long standing licensee for Nokia’s standards essential patents,” said Paul Melin, chief intellectual property officer at Nokia. “This agreement validates Nokia’s implementation patents and enables us to focus on further licensing opportunities.”
“Nokia has one of the most preeminent patent portfolios in the industry,” said Grace Lei, General Counsel of HTC. “As an industry pioneer in smartphones with a strong patent portfolio, HTC is pleased to come to this agreement, which will enable us to stay focused on innovation for consumers.”
It would seem HTC have finally conceded defeat on this one, holding out from paying compensation, with their devices only remaining on shelves through the grace of Appeal Hearings. This outcome means Nokia have strengthened their portfolio of patents with access to HTC’s LTE innovations.
Read the original press release HERE