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Lumencor Inc. - Power of Light 4-24 LB

Lumileds and Nichia to Share LED Rights

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SAN FRANCISCO and TOKYO, Oct. 30 -- Lumileds Lighting and Nichia Corp. have signed a broad cross-licensing agreement under which the two companies will share intellectual property rights to their respective light-emitting diode (LED) technologies. The relationship will avert patent disputes and potential associated supply issues, the companies said, and will enable them to incorporate their R&D efforts in new product development. "Legal battles over patents can have a chilling effect on market adoption of LED technology. This agreement will help customers by eliminating any doubts about...Read full article

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    Published: October 2002
    ConsumerLight SourcesNews & FeaturesLEDs

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