Cree LED and Current Lighting Enter into License Agreement

Cree LED, an SGH company (Nasdaq: SGH), and Current Lighting Solutions, LLC announced that they entered into a patent license agreement, effective October 2022, with respect to Current’s patents related to KSF (also called PFS) red phosphor.

Under the agreement, Cree LED has been granted by Current, a limited, nonexclusive, and world-wide license under U.S. Patent Nos. 7,358,542; 7,453,195; 7,497,973; 7,648,649; 7,847,309; and 9,680,067.

This license covers Cree LED products featuring Pro9™ technology which utilizes Potassium Fluoride Silicon (KSF/PFS phosphor). This phosphor boosts the efficiency of LED components especially those delivering higher CRI (Color Rendering Index).

Cree LED’s product portfolio includes a broad range of Pro9 LED products, including XLamp® COB LED arrays, high-power LEDs, and J Series® mid-power LEDs. Cree LED customers using Pro9-enhanced products benefit from the high color quality, efficiency, and reliability of these LEDs