TAIPEI, Taiwan, Feb. 7, 2014 /PRNewswire/ -- 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."
About HTC
Founded in 1997, HTC Corp. (HTC) is the creator of many
award-winning mobile devices and industry firsts. By putting people
at the center of everything it does, HTC pushes the boundaries of
design and technology to create innovative and personal experiences
for consumers around the globe. HTC's portfolio includes
smartphones and tablets powered by the HTC Sense® user experience.
HTC is listed on the Taiwan Stock Exchange (TWSE: 2498). For more
information, please visit www.htc.com.
HTC, the HTC logo are the trademarks of HTC Corporation. All
other names of companies and products mentioned herein may be the
trademarks of their respective owners.
SOURCE HTC
