Taking a leaf from recent negotiations between Samsung and Google to share patents for the next ten years, Finnish phone maker Nokia and Taiwanese manufacturer HTC have entered into a similar agreement.
“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,” Nokia said in a statement over the weekend.
Paul Melin, chief intellectual property officer at Nokia confirmed that it will enable the company to focus on licensing opportunities. “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. This agreement validates Nokia’s implementation patents and enables us to focus on further licensing opportunities.”
Grace Lei, General Counsel of HTC added that it will help his company with innovation. “Nokia has one of the most preeminent patent portfolios in the industry. 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.”
Charlie Fripp – Consumer Tech editor