HTC, Nokia reach settlement on patent lawsuits

Tags: News
Taiwan's smartphone maker HTC today said it has signed a patent and technology collaboration agreement with Finnish phone giant Nokia to end all pending patent litigation between them.

Under the deal, HTC will make payments to Nokia and the collaboration will involve HTC's LTE patent portfolio to further strengthen Nokia's licensing offering, a company statement said.

The companies will also explore future technology collaboration opportunities, HTC said, adding that the full terms of the agreement are confidential.

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