Cree, SemiLEDs end LED patent litigation with settlement

July 3, 2012 – BUSINESS WIRE — Light-emitting diode (LED) makers Cree Inc. (NASDAQ:CREE) and SemiLEDs Corporation (NASDAQ:LEDS) have agreed to end their respective patent infringement litigation against each other.

As part of the settlement, SemiLEDs agreed to make a one-time payment to Cree for past damages and to an injunction, effective October 1, 2012, to stop the importation and sale of SemiLEDs’ accused products in the US.

The parties have agreed to withdraw the remaining claims without prejudice to the right to assert their respective claims in the future.

SemiLEDs develops and manufactures LED chips and LED components primarily for general lighting applications. SemiLEDs sells blue, green and ultraviolet (UV) LED chips under the MvpLED brand. Learn more at

Cree makes lighting-class LEDs, LED lighting, and semiconductor products for power and radio frequency (RF) applications. For additional product and company information, please refer to

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