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HTC AND APPLE SETTLE PATENT DISPUTE. All Patent Litigation Between The Companies Dismissed
1.Date of occurrence of the event:2012/11/11
2.Company name:HTC Corporation
3.Relationship to the Company (please enter ”head office” or
”affiliate company”):Head Office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:HTC and Apple have reached a global settlement
that includes the dismissal of all current lawsuits and a ten-year
license agreement. The license extends to current and future patents
held by both parties. The terms of the settlement are confidential.
7.Any other matters that need to be specified:There is no material
adverse impact on the financials of the Company.