2016-05-10

Cree and Kingbright Settle Patent Dispute and Sign License Agreement

Cree, a leader in LED lighting, announced today that it has reached a confidential settlement in its patent infringement lawsuit with Kingbright, Inc. Kingbright and Cree have agreed to a royalty bearing, worldwide license to the Cree patents-in-suit, thereby ending the lawsuit between the parties.
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The awarded program reinforces FORVIA’s position as a key player in next-generation in-cabin safety systems. The solution combines a traditional interior mirror with a seamlessly integrated camera, designed to monitor both driver behavio... READ MORE