Dec 12 2005
Cree, Inc. announced today that it has licensed its pioneering white LED patent, U.S. Patent No. 6,600,175, to Kingbright Electronic Co., Ltd., a strategic LED chip customer headquartered in Taiwan. The license authorizes Kingbright to manufacture and sell white LEDs that incorporate Cree chips and is one of several
licenses that Cree has granted under the ‘175 patent this year. Kingbright will be using Cree LED chip products exclusively in its white LED product offerings.
“Cree’s ‘175 patent is important to companies manufacturing white LED products,” notes Scott Schwab, Cree vice president and general manager of optoelectronics. “Kingbright has distinguished itself with years of dedicated support for Cree technology and respect for intellectual property. Cree is excited to extend this license to Kingbright and to work together in expanding the market for white solid-state lighting products.”
“Cree’s white LED technology provides major advantages to Kingbright’s product line. Our target market includes major U.S. and multi-national companies for which avoiding intellectual property disputes is critical,” notes Wen Joe Song, Kingbright president and CEO. “We have successfully promoted Cree products for several years and this agreement gives Kingbright a critical IP license required to address the rapidly growing markets for white LEDs.”