Toyoda Gosei Co., Ltd. (Toyoda Gosei) has concluded an agreement with Showa Denko K.K. (SDK) to allow the companies to use each other’s patents for LED chips consisting of nitride-based compound semiconductors.

The two companies will continue to develop high-quality, high-brightness LEDs and pursue expansion of the LED market through fair competition. Toyoda Gosei and SDK respectively possess wide-ranging patents in the area of optoelectronics. As a result of the conclusion of the cross-license agreement, the two companies will be able to step up their R&D efforts and meet the rapidly growing demand, thereby contributing to the development of the LED industry.