Osram and Toyoda Gosei extend their usage agreement
Toyoda Gosei Co., Ltd. and OSRAM GmbH, Germany have extended their agreement which allows the companies to use each other’s patents for specific light emitting diode (LED), including white LED, and laser technologies.
The original agreement of 2007 allowed both Osram and Toyoda Gosei significantly more freedom to develop, manufacture and market new products without fear of unintentional violations of patents. By facilitating research at both companies, new developments in LED technology were enabled, including an acceleration of research to improve the luminosity of LEDs.
The new agreement extends the scope of the patents covered by the original 2007 agreement, to include patents filed after the execution of the original agreement.
About Toyoda Gosei
Established in 1949 and headquartered in Kiyosu, Aichi Prefecture, Japan, Toyoda Gosei is a leading manufacturer of rubber and plastics polymers and optical semiconductors. Today, the Toyoda Gosei group provides a variety of automotive parts and LEDs internationally, with a network of 94 plants and offices in 18 countries and regions. Through its flexible, integrated global supply system and outstanding technologies for automobile safety, comfort, and environmental protection, Toyoda Gosei aims to be a truly global supplier of choice that delivers the highest levels of satisfaction to customers worldwide.
ABOUT OSRAM
OSRAM of Munich, Germany is one of the two leading light manufacturers in the world. The company's portfolio covers the entire value chain from components – including lamps, electronic control gear and opto semiconductors such as light-emitting diodes (LED) – as well as luminaires, light management systems and lighting solutions. OSRAM has more than 35,000 employees worldwide and generated revenue of almost €5.3 billion in fiscal 2013 (ended September 30). The company's business activities have been focusing on light – and hence on quality of life – for over 100 years. The company was listed on the stock exchanges in Frankfurt and Munich on July 8, 2013 (ISIN: DE000LED4000; WKN: LED 400; Trading symbol: OSR). Additional information can be found at www.osram-group.com