An agreement that will last 10 years! ... sharing licenses, patents and IPs.

"Apple and Taiwanese phonemaker HTC have settled all their outstanding disputes over patents, ending a fight that began in March 2010. The two firms also signed a 10-year licence agreement that will extend to current and future patents held by one another.

HTC competes with Apple, Samsung and others in phones and tablets. Apple has been embroiled in a series of "patent wars" with phone makers and with arch-rival Google.

Unlike its rivals, HTC's sales have been in decline since the second half of 2011, despite having become a major global phone company by aligning itself to Google's Android platform.

The firm has upgraded its HTC One flagship phone and introduced two new models running Microsoft's Windows Phone 8 software. "HTC is pleased to have resolved its dispute with Apple, so HTC can focus on innovation instead of litigation," said Peter Chou, the head of HTC."

Source: BBC

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