Apple, HTC Call Quits in Patent War

    In this Dec. 7, 2011 photo, a person stands near the Apple logo at the company's new store in Grand Central Terminal in New York. A federal agency is siding with Apple and ordering an import ban on HTC phones that infringe on a patent belonging to the iPhone maker. The U.S. International Trade Commission said Monday, Dec. 19 that the ban will take effect April 19 so that wireless carriers will have time to adjust their plans. (AP Photo/Mark Lennihan)

    Mark Lennihan / AP Photo

    Your iPhone is safe. Tech titans Apple and HTC have buried the hatchet in one of the largest patent battles yet to erupt as companies fight for the lucrative smartphone market. “We will continue to stay laser focused on product innovation,” Apple CEO Tim Cook said of the global patent settlement between the two companies. The two companies also agreed to a 10-year licensing deal, though neither company offered specifics. The feud erupted when Apple accused HTC, which makes smartphones that use the Android operating system, of infringing on its iPhone patents.

    Read it at Reuters