A heavily redacted version of Apple's patent licensing agreement with HTC, made public on Wednesday as part of the Apple v. Samsung jury trial, reveals a bit more information about the properties covered as part of the ten-year deal.
In a late Monday ruling, Apple v. Samsung Judge Lucy Koh said that the patents Apple and HTC are cross-licensing as part of a ten-year deal will not remain sealed, indicating that the public will be privy to the sensitive information.
A heavily redacted public version of the Apple and HTC licensing agreement was discovered on Wednesday, offering a few shreds of information regarding the ten-year deal including a "change of control" clause that automatically terminates the agreement if one of the parties is bought out.
In a statement to reporters on Tuesday, HTC CEO Peter Chou denied analysts' guesses as to the details surrounding the Taiwanese company's ten-year licensing deal with Apple, calling the widely-cited estimates "baseless."
Apple's out-of-court settlement with rival smartphone maker HTC is expected to give Apple a net licensing fee of as much as $8 per phone, and may also serve as a blueprint for future deals with Samsung and Motorola.
Apple announced on Saturday that it has reached a global settlement with HTC that includes the dismissal of all ongoing court litigation, and will participate in a ten-year license agreement that covers current and future patents held by both companies.
In a filing with the U.S. International Trade Commission, Apple and HTC confirm they have held two settlement meetings since Aug. 13 and while the talks have yet to yield a deal, the two parties plan continue discussions.
HTC lowered its guidance after missing analysts' expectations and reporting a 27 percent drop in revenues and a 57 percent drop in operating profits. The company's slide is being blamed on increasing difficult competition in the smartphone arena.
A Miami district court judge on Tuesday granted HTC's request to sever Apple's claims against the Taiwanese smartphone maker from an ongoing Motorola Mobility v. Apple case and move the suit to a Delaware court.
It was reported on Tuesday that HTC is bringing counterclaims against Apple over two HP patents the Taiwanese smartphone maker recently acquired to help fight its legal battle with the Cupertino tech giant.
While Apple's competitor Samsung expects to see record profit from the June quarter, rival HTC is struggling in the face of disappointing sales in Europe and an Apple injunction that delayed the launch of new handsets in the U.S.
On the heels of a legal victory in the U.S., HTC also won a court decision in the U.K. on Wednesday, where a judge ruled that HTC's devices do not infringe on four Apple patents related to touchscreen technology.