Taiwan's HTC settles patent disputes with Apple

UPDATED 22:37 PM EST, November 11, 2012

TAIPEI, Taiwan (AP) — HTC Corp. and Apple Inc. have settled their outstanding patent disputes.

In a joint statement Sunday, the two companies said they also signed a 10-year license agreement that will extend to current and future patents held by one another.

Cupertino, California-based Apple and Taiwanese smartphone maker HTC had battled over the patents for various smartphone features since March 2010. Apple was claiming that HTC phones running Google's Android software had infringed on patents it held.

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