Cree and SemiLEDs End Patent Litigation
Companies Agree on Injunction and Payment
“The resolution emphasizes the breadth and importance of Cree’s patent portfolio and its determination to ensure that Cree’s intellectual property rights are respected,” stated Julio Garceran, chief intellectual property counsel, Cree.
Cree is leading the LED lighting revolution and making energy-wasting traditional lighting technologies obsolete through the use of energy-efficient, mercury-free LED lighting. Cree is a market-leading innovator of lighting-class LEDs, LED lighting, and semiconductor products for power and radio-frequency (RF) applications.
Cree's product families include LED fixtures and bulbs, blue and green LED chips, high-brightness LEDs, lighting-class power LEDs, power-switching devices and RF devices. Cree products are driving improvements in applications such as general illumination, electronic signs and signals, power supplies and solar inverters.
To learn more about the LED Lighting Revolution, please visit www.cree.com
Forward-Looking StatementsThis press release contains forward-looking statements involving risks and uncertainties, both known and unknown, that may cause actual results to differ materially from those indicated. Actual results may differ materially due to a number of factors, including risks that Cree’s intellectual property rights may not provide meaningful protection against infringements due to the uncertainties and costs of litigation, and other factors discussed in our filings with the Securities and Exchange Commission, including our report on Form 10-K for the year ended June 26, 2011 and subsequent filings.