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HTC and Nokia enter into a patent and technology collaboration agreement and settle all pending litigation
2.Company name: HTC Corporation
3.Relationship to the Company (please enter ”head office” or
4.Reciprocal shareholding ratios: N/A
5.Name of the reporting media: N/A
6.Content of the report: N/A
7.Cause of occurrence:
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.
9.Any other matters that need to be specified: There is no material adverse
impact on the financials of the Company.