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Optoelectronics/Displays  

Cree, Philips cross-license LED patents

Posted: 12 Jul 2010     Print Version  Bookmark and Share

Keywords:LED lighting  patent  licensing intellectual property 

Cree Inc. and Philips have cross-licensed patents to jointly capitalise on their strengths in addressing the growing LED lighting market.

Cree and Philips both hold broad and substantial optoelectronic patent portfolios which are important to their respective businesses. This 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 LCDs and patents in the Philips LED Luminaire Licensing Programme.

"This agreement demonstrates the breadth and depth of both companies' intellectual property, as well as the fundamental nature and value these patents bring to the market," said Chuck Swoboda, Cree chairman and CEO. "It also signals both companies' commitment to growing the LED market while respecting the value and importance of international intellectual property laws."

"Philips and Cree have significantly invested in innovation in LED lighting solutions. The wide-ranging IP portfolios of the respective companies reflect the outcome of this effort," said Rudy Provoost, CEO of Philips Lighting.





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