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Description
LED industry leaders Cree, Inc. (NASDAQ:CREE) and Lite-On Technology Corporation have signed a licensing arrangement that will enhance both companies' ability to aggressively develop and market white LED-based products for backlighting laptop computer displays.
The arrangement includes a license for Cree's pioneering white LED patent, U.S. Patent No. 6,600,175. The license authorizes Lite-On, a strategic chip customer for Cree located in Taiwan, to manufacture and sell light bars incorporating Cree white LEDs for use in... |

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