Reconciliation and reconciliation of Cree and all patent litigation

LED packaging factory macro announcement with the United States CREE (CREE) has reached a patent settlement agreement, the two sides revoke all patent litigation.

According to the information released by Wang Qi, this Agreement contains both sides all patent litigation were revoked, and Wang Qi to pay royalties to obtain a non exclusive license, patent royalties included a one-time cost and annual royalty; the contents of the settlement agreement of confidentiality.

CREE in September 2014 in the United States sued the company involved in the 6 violations of its patent package, Acer also in December 2014, twice in January 2016 to fight back.

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