Packaging and testing firm Powertech Technology (PTI) has issued a company filing with the Taiwan Stock Exchange (TSE) disclosing it has settled a patent infringement dispute with Tessera. PTI will pay Tessera a total of US$196 million based on the settlement.

　　PTI said that the settlement amount will be fully recognized in its financial statement for 2013. As a result, PTI's consolidated EPS would turn to negative NT$5.24 (0.17) from positive NT$2.56.

　　PTI shares slipped NT$0.40, or about 1%, to close at NT$42.15 on the TSE on February 26.