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Cree Signs Patent Agreement With Toyoda Gosei
Source/Type: Compound Semiconductors Online - Reported News

Author: LIGHTimes Staff

May 29, 2008... Cree, Inc. of Durham, North Carolina USA, announced that it has entered into an agreement with Toyoda Gosei providing the companies (including wholly owned affiliates) with access to each other’s patented LED chip and packaged LED technology (including white LED technology). Toyoda Gosei and Cree have agreed in the future to discuss “have made” rights for LED chips. Cree and Toyoda Gosei both hold broad and substantial optoelectronic patent portfolios. Cree reports that the agreement will make it easier for both companies to develop and manufacture LED products without concern for the other’s patents. Other terms of the patent agreement were not disclosed but are not expected to have any material financial effect on either party.

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