Seoul Semicoductor and Nichia Settle Litigation and Enter into a Cross-License
The settlement includes a cross license agreement covering LED and laser diode technologies, which will permit the companies to access all of each other's patented technologies.
In accordance with the settlement terms, all litigations will be terminated as promptly as possible by mutual withdrawals, with the exception of litigation in Germany involving patent DE 691-07-630 T2 of EP 0-437-385 B1, which will be resolved following in February 2009 hearing.