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Toyoda Gosei and Showa Denko Sign Agreement on LED Patents

February 16, 2009
Toyoda Gosei Co., Ltd

Toyoda Gosei Co., Ltd. (Toyoda Gosei) has concluded an agreement with Showa Denko K.K. (SDK) to allow the companies to use each other’s patents for LED chips consisting of nitride-based compound semiconductors.

The two companies will continue to develop high-quality, high-brightness LEDs and pursue expansion of the LED market through fair competition. Toyoda Gosei and SDK respectively possess wide-ranging patents in the area of optoelectronics. As a result of the conclusion of the cross-license agreement, the two companies will be able to step up their R&D efforts and meet the rapidly growing demand, thereby contributing to the development of the LED industry.