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Elan, Apple settle patent litigation out of court

2012/01/05 17:32:43

Taipei, Jan. 5 (CNA) Elan Microelectronics Corp., a localchip and touch screen maker, said Thursday that it has settleda patent infringement litigation against Apple Inc. out of court.

The two parties have come to an agreement that they have interactive authorization of patents, with the U.S. high-tech giant giving US$5 million to the Taiwanese firm, according to Elan.

(By James Lee)