Apple Settles HTC Patent Suits Shifting From Jobs’ War

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Apple Inc. settled all global lawsuits with HTC Corp., signaling a new willingness to resolve patent disputes without resorting to the “thermonuclear war” stance favored by co-founder Steve Jobs.

Apple, which had accused HTC of copying features that made its iPhone unique, “will continue to stay laser-focused on product innovation,” Chief Executive Officer Tim Cook said in a statement yesterday with HTC, which surged as the companies announced a 10-year licensing deal. HTC had claimed the maker of iPads and MacBooks infringed wireless patents.