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LED industry rivals Cree (CREE) and SemiLEDs (LEDS) have agreed to settle their patent...
LED industry rivals Cree (CREE) and SemiLEDs (LEDS) have agreed to settle their patent infringement suits against each other. The settlement is in Cree's favor: SemiLEDs has agreed to an injunction effective Oct. 1 that will prohibit the U.S. import and sale of SemiLEDs products deemed by Cree to be infringing on its patents, and has "made a one-time payment to Cree for past damages."
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