Taiwan’s largest smartphone maker, HTC, will make payments to Finnish company Nokia Oyj to end a patent dispute and avoid being kept out of the U.S. market, the state-run Central News Agency said.
HTC and Nokia reached an agreement to settle all pending litigation.
The deal came ahead of an announcement expected Monday by the U.S. International Trade Commission on whether it would issue an import ban on HTC devices.
“HTC will make payments to Nokia and the collaboration will involve HTC’s LTE patent portfolio, further strengthening Nokia’s licensing offering,” HTC said.
It did not reveal financial terms or other details of the settlement.
“We are very pleased to have reached a settlement and collaboration agreement with HTC, which is a longstanding licensee for Nokia’s standards essential patents,” Paul Melin, chief intellectual property officer at Nokia, was quoted as saying.
Nokia began legal action against HTC in 2012, to stop the unauthorized use of Nokia’s proprietary innovations.