GE Licensing, Current Lighting, Savant and Seoul Semiconductor Co., Ltd. Enter into Patent License Agreement

SEOUL, South Korea--GE Licensing (“GEL”), Current Lighting Solutions, LLC (“Current”), Savant Systems Inc. and Seoul Semiconductor Co., Ltd. (“SSC”) today announced that they have entered into a patent license whereby SSC acquired a license to a PFS (also known as KSF) patent portfolio for all application fields widely licensed by the LED industry.

Thanks to this collaborative agreement, Seoul Semiconductor has emerged as the unique beneficiary of GEL's PFS patent portfolio for all applications, such as display, lighting, and automotive, among others. The impact of this agreement in the emerging electric vehicle sector is anticipated to be especially critical, where the parties anticipate the benefits of in-vehicle displays and lighting containing PFS to significantly reduce power consumption.

“We are pleased to welcome SSC back to the ranks of our PFS licensees, so that we can both focus on innovating and creating LED products that are critical to the world,” said Patrick Patnode, President of GE Licensing.

“Seoul Semiconductor, as a company that respects intellectual property rights, values the patent portfolios of GE Licensing, Current Lighting and Savant. The rights granted today in this license agreement further strengthens Seoul Semiconductor’s 2nd Generation Patent Portfolio of 18,000 patents and significantly enhances our ability to move products to the market,” said Chung H. Lee, founder of Seoul Semiconductor and Seoul VioSys.


$1B Company by 2nd Generation Technologies.



About Seoul Semiconductor
Seoul Semiconductor is the world’s second-largest global LED manufacturer, a ranking excluding the captive market, and has more than 19,000 patents. Based on a differentiated product portfolio, Seoul offers a wide range of technologies, and mass produces innovative LED products for indoor and outdoor lighting, automotive, IT products, such as mobile phones, computer displays, and other applications, as well as the UV area. Seoul’s world’s first development and mass production products are becoming the LED industry standard and leading the global market with a package-free LED, WICOP; a high-voltage AC-driven LED, Acrich; an LED with 10X the output of a conventional LED, nPola; a cutting edge ultraviolet clean technology LED, Violeds; an all-direction light emitting technology, filament LED; a natural sun spectrum LED, SunLike; and more. 

About GE Licensing
GE Licensing is a leading provider of innovative intellectual property solutions with a proven approach to identifying value in intangible assets and unlocking their full potential. GE Licensing goes beyond traditional licensing models to drive innovation and create value-filled transactions for its licensees and partners. GE Licensing firmly believes that building partnerships is the key to long-term IP monetization. To this end, GE Licensing continuously invests in R&D as well as offering their partners training and guidance, capital investment, and even helps establish new companies to take technology to the market.

About Current Lighting
Current is a versatile, customer-driven lighting solutions company that solves the challenges of businesses and partners around the globe. With the industry’s widest selection of advanced lighting and intelligent controls, we create safer, efficient, inspired environments powered by smart, sustainable technologies, reliable performance, responsive service, and uncompromising quality you can expect from us. We are Current. 

About Savant
Headquartered in Massachusetts, Savant Systems, Inc., is a global leader in smart home, intelligent lighting and energy solutions for consumers, businesses, utility companies and more. Along with GE Lighting, a Savant company and Savant Power, Savant Systems, Inc. offers the most diverse portfolio of DIY and professionally installed smart products available at thousands of leading retail stores and through a network of authorized integrators. Engineered to customize any space, Savant’s innovative solutions unite all the vital pillars of any connected environment – climate, lighting, entertainment, security, and energy – together into a premier integrated experience controlled by intuitive award-winning software for iOS and Android. 

 

 Gold+ Member Report

Report Title
Content
Format
Publication
LED Industry Demand
and Supply Database
Demand Market Analysis:
PDF / Excel
1Q (Mid Mar)
3Q (Early Sep)
2023-2027 Demand Market Forecast
(Backlight and Flash LED / General Lighting / Architectural Lighting / Automotive- Passenger Car & Box Truck & Scooter / Video Wall / Horticultural Lighting / UV LED / IR LED / Micro LED / Mini LED)
Supply Market Analysis:
1. LED Chip Market Value (External Sales, Total Sales)
2. WW New GaN LED and As/P LED MOCVD Chamber Installations / WW Accumulated GaN LED and As/
P LED MOCVD Chamber Installations
3. GaN LED and As/P LED Wafer Market Demand
(By Region / By Wafer Size)
4. GaN LED and As/P LED Wafer Market Demand and Supply Analysis
LED Player Revenue
and Capacity
LED Chip Market Analysis:
PDF / Excel
2Q (Early Jun)
4Q (Early Dec)
Top 10 LED Chip Manufacturers by Revenue and
Wafer Capacity
LED Package Market Analysis:
LED Package Manufacturers: Total Revenue, LED Revenue, and Capacity Analysis
Top 10 LED Package Providers by Revenues in Backlight and Flash LED, Lighting, Automotive, Video Wall, UV LED
LED Industry Price Survey
Price Survey- Sapphire / Chip / Package (Backlight, General Lighting, Agricultural Lighting, Automotive, Video Wall, UV LED, IR LED, VCSEL)
Excel
1Q (Mid Mar)
2Q (Early Jun)
3Q (Early Sep)
4Q (Early Dec)
LED Industry
Quarterly Update
Major Players Quarterly Update:
PDF
1Q (Mid Mar)
2Q (Early Jun)
3Q (Early Sep)
4Q (Early Dec)
EU / U.S- Lumileds, ams OSRAM, Cree LED
(Smart Global Holdings)
JP- Nichia, Citizen, Stanley, ROHM
KR- Samsung, Seoul Semiconductor, Seoul Viosys
ML- Dominant
TW- Ennostar, Everlight, LITEON, AOT, Harvatek, PlayNitride
CN- San’an, Changelight, HC SemiTek, Aucksun, Focus Lightings, Nationstar, Hongli, Refond, Jufei, MTC, MLS
Micro/Mini LED
Exhibit Report
CES 2023 / Touch Taiwan 2023 / Display Week 2023
PDF
Aperiodically;
<20 Pages

If you would like to know more details , please contact:

Global Contact:
 
ShenZhen:
Grace Li
E-mail :  Graceli@trendforce.com
Tel : +886-2-8978-6488 ext.916
  Perry Wang
E-mail :  Perrywang@trendforce.cn
Tel : +86-755-82838931 ext.6800
Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Speed and precision for home appliances, mobile robots, autofocus for cameras, building automation, inventory management systems, security systems, and virtual barriers Accurate, low-power measurements with rapid response times for superior re... READ MORE

Improved LED performance and the broadest color range provide even greater design flexibility DURHAM, NC – August 1, 2024 –– Cree LED, an SGH company (Nasdaq: SGH), announced today the launch of its higher performance XLamp&r... READ MORE