HTC responds to Apple lawsuit, cites own patent portfolio

We live in an age where intellectual property can easily be worth more than any physical asset, and that situation has spawned an entire business based on suing companies for dubiously infringing on particular patents.

Companies these days wage patent-warfare on each other for the sake of protecting unique and innovative technology or just to make some cold, hard cash. Apple (NSDQ: AAPL) has done just that with their lawsuit, filed yesterday, against smartphone maker and Android pioneer HTC.

But, HTC isn’t ready to roll over and let Apple have its way with them. Apple has come out with guns blazing, claiming that HTC is treading on almost two dozen of its patents for the iPhone. HTC, for its part, is claiming that they respect patent rights and that they’ve been building up a small army of patents in its own intellectual property portfolio.

The Taiwanese smartphone ODM-turned-global-smartphone-maker “is a mobile technology innovator and patent holder that has been very focused over the past 13 years on creating many of the most innovative smartphones.”

Read the full story at IntoMobile