Licensing Agreement
a licensing agreement that enables Formosa Epitaxy (Forepi) to manufacture small and mid-power chip blue and green GaN LEDs on the PhlatLight platform. By licensing and incorporating PhlatLight chip-technology, Forepi now has the capability of producing high-performance vertical-GaN chips for markets that require the performance of PhlatLight technology, but in a small and mid-power chip form factor.
Luminus award-winning big-chip PhlatLight LEDs enable a multitude of new high-performance lighting applications. By working with an innovative company like Forepi, the benefit of the PhlatLight chip-platform is now available for smaller form-factor chips, said Alexei Erchak, CTO, Luminus Devices. Luminus has been granted more than 40 patents for our PhlatLight technology with over 100 more applications on file. Although our primary business remains manufacturing big-chip LEDs, we are pleased that through licensing these patents we can help solid-state lighting grow even faster in small-chip applications.
We chose to license PhlatLight technology because it provides the highest-efficiency chip design in the industry for all chip sizes, said Frank Chien, president and CEO of Forepi. We look forward to growing our business by using PhlatLight technology in small and mid-power chip blue and green LEDs.
Designed to provide an ultra-bright, reliable light source, PhlatLight big-chip LEDs are used in display applications by some of the worlds largest electronics companies such as Acer, LG, Sony, Samsung and Toshiba. PhlatLight big-chip LEDs are also enabling new general illumination applications in lighting markets such as architectural, entertainment, retail, residential, roadways, digital signage and industrial high-bay lighting.
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