Seoul Semiconductor, Korea, and OSRAM, Germany, signed a Patent Cross License Agreement

(PresseBox) ( Korea, )
Seoul Semiconductor (KOSDAQ; 046890), the eighth-largest LED manufacturer in the world, announced today that it has signed the Cross-License Agreement with OSRAM GmbH that the two companies share their patents pertaining to white and visible LED technologies. OSRAM Opto Semiconductors, a wholly owned subsidiary of OSRAM GmbH and a world leading LED manufacturer, is also incorporated into the agreement. It is located at Regensburg (near Munich), Germany.

The scope of Cross Licensing Agreement refers to the companies' housing and white patents related to white and visible LED technologies. Under this agreement, both companies will collaborate and build on each other's strengths as strategic partners. "This mutually beneficial agreement will further pave the way for closer cooperation between our companies," said Chung Hoon Lee, President of Seoul Semiconductor.

Under the agreement, the two parties will refrain from raising objections against patent rights pertaining to white and visible LED technologies, and will cooperate in defending these rights. Additionally, this agreement will enable Seoul Semiconductor to further establish its position as a world leader in high-brightness and energy-efficient LED lighting solutions.

Interview with Yanghee Han, Seoul Semiconductor’s Vice President Sales/Marketing

Does the agreement include Seoul Optodevice?

Seoul Semiconductor has singed this agreement with OSRAM GmbH, therefore, its subsidiary, OSRAM Opto Semiconductors has the same right as a subsidiary of OSRAM GmbH. Seoul Optodevice also has the right as a subsidiary of Seoul Semiconductor.

How does the lawsuit with Nichia in the USA proceed?

Bingham McCutchen LLP, a national law firm with global capabilities in the USA who is in charge of Seoul Semiconductor’s lawsuit, posted the good news on their website that we finally scored the first victory in the case against Nichia, and we are sure to win the final pending lawsuit soon.

How about your strategic partnership with other global companies in addition to OSRAM GmbH?

We already signed an agreement with Cree USA, and established a strategic partnership with Toyoda Gosei Japan. Therefore, this agreement with OSRAM GmbH Germany enables Seoul Semiconductor to consolidate its strong position.

Could you please share other information in more detail about this Cross License Agreement besides the press release?

I’m sorry but I can’t open other information besides what is mentioned in the release, since it is a non-disclosure agreement. What is obvious is that, with this agreement, the two companies can have a strong partnership and cooperatively cope with the patent disputes caused by the third party.

About OSRAM GmbH

OSRAM GmbH is one of the two leading lighting manufacturers in the world. Sales in the year ending September 30, 2006 totalled 4.6 billion Euros, 88% of which came from outside Germany. OSRAM is a high-tech company in the lighting sector. Around 40% of sales come from innovative products. This global player employs around 40,000 people worldwide, supplies customers in some 150 countries and has 49 production facilities in 18 countries (www.osram.com).

About OSRAM Opto Semiconductors

OSRAM Opto Semiconductors GmbH, Regensburg (near Munich), is a subsidiary of OSRAM GmbH. It offers its customers solutions based on semiconductor technology for the lighting, sensor and visualization sectors. The company has sites in Regensburg, San José (USA) and Penang (Malaysia). In the 2006 fiscal year (to September 30, 2007) more than 3,500 employees of OSRAM Opto Semiconductors produced sales totalling 500 million Euros. (www.osram-os.com)
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