Cree of Durham, North Carolina USA and Royal Philips Electronics of the Netherlands (Philips) have signed a comprehensive, worldwide patent cross-license agreement designed to further accelerate the growth of the LED lighting market.
Cree and Philips both hold broad and substantial optoelectronic patent portfolios.
Many consider some of their patents to be among the most valuable patents in the solid state lighting industry. Both companies gained the patents through a combination of their own innovation and acquisitions of other companies’ technologies.
The cross licensing agreement covers patents from both parties in the fields of blue LED chip technology, white LEDs and phosphors (including remote phosphors), control systems, LED luminaires and lamps as well as LED backlighting of liquid crystal displays (LCDs).