Sharp Corporation (Osaka City, Japan) and Toyoda Gosei (Kiyosu City, Japan) entered into a patent cross-licensing agreement covering light-emitting diodes LEDs and laser diodes (see also "LED Japan 2009 nearly doubles attendance" and "LED and diode-laser patent complaint targets major electronics manufacturers").
This cross-licensing agreement grants each other the right to use inventions related to LEDs and laser diodes covered by the patents owned by the respective companies in Japan and in other countries. By entering into this cross-licensing agreement, the research and development by the two companies will be enhanced, thus contributing to the development of the ever-growing LED industry.
Sharp is aiming to create even more advanced LEDs and laser diodes to respond to market demand.
For more information, go to sharp-world.com/corporate/news/091225.html.