OK this is big folks.
"Cree, Inc. and Philips have signed a comprehensive, worldwide patent cross-license agreement designed to further accelerate the growth of the LED lighting market. "
This puts Nichia, which I feel has been both companies biggest competition, in a more difficult situation with both Cree and Philips able to freely use one anothers patents.
This is extremely good for us as the consumers though and is what I would have liked to have seen some time ago.
"Cree, Inc. and Philips have signed a comprehensive, worldwide patent cross-license agreement designed to further accelerate the growth of the LED lighting market. "
This puts Nichia, which I feel has been both companies biggest competition, in a more difficult situation with both Cree and Philips able to freely use one anothers patents.
This is extremely good for us as the consumers though and is what I would have liked to have seen some time ago.