LED Business News

Flashlight Patent Dispute Settled Between Cree and Emson; Supply Agreement Reached

Cree, Inc. of Durham, North Carolina USA, reported that it has settled its patent infringement lawsuit with E. Mishan and Sons (“Emson”) related to flashlight LEDs. As part of the confidential settlement, Emson has also agreed to an exclusive supply agreement to buy Cree® high-power LEDs for its high-performance tactical …

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Apollo Completes Purchase of 80.1 Percent of Lumileds

Lumileds reported that funds affiliated with Apollo Global Management, LLC and its subsidiaries, and Royal Philips completed their previously disclosed transaction.In the deal, Philips agreed to sell 80.1 percent of Lumileds to Apollo and its subsidiaries. Lumileds develops, produces and distributes LED technology and advanced lighting products and employs over …

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Bridgelux Refutes Everlight Patent Lawsuit

Bridgelux has come out with a news release that refutes the claims of the Everlight patent infringement lawsuit against the company in the United States. According to Bridgelux, its 2835 surface mount device (SMD) products incorporate cutting-edge technology to provide unprecedented performance at competitive prices. Furthermore, Bridgelux says that its …

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Seoul Resolves Patent Lawsuit Against Kmart

Seoul Semiconductor Co., Ltd. and Seoul Viosys Co., Ltd. reported that they resolved patent litigation that the company filed against Kmart Corporation on behalf of Seoul and The Regents of the University of California. Seoul filed the patent case in U.S. Federal District Court. The case asserted infringement of eight …

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Seoul Semiconductor not Done in Patent Fight with Everlight

Seoul Semiconductor Co., Ltd. reported that on April 28, 2017, the company’s German subsidiary Seoul Semiconductor Europe GmbH (“Seoul”) filed a patent infringement complaint at the District Court of Düsseldorf in Germany against Mouser Electronic Inc. The complaint accused Mouser of selling Everlight LED products that infringe its U.S. patents. In …

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Sharp and Foxconn Companies to Acquire MicroLED Display Startup eLux

Sharp will partner with Advanced Optoelectronic Technology, CyberNet Venture Capital, and panel maker Innolux to acquire U.S. microLED display startup eLux, according to a Nikkei article. Delaware-based eLux plans to commercialize microLED-based large displaysfor which liquid crystal technology is less suited. The companies have scheduled the acquisition for October. All …

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Cree Reports Transition to New CEO

Cree, Inc. reported that CEO Chuck Swoboda, company chairman, president, and CEO will step down from his executive positions and his membership of the board of directors. However, Mr. Swoboda plans to stay at the company until the board appoints a successor. Afterward, he will serve as a consultant to …

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