A new Chinese LED company Suijing Optoelectronics listed on China’s Over The Counter Bulletin Board (OTCCB) has become the latest company to sign a red KSF phosphor license agreement with GE Lighting.
GE Lighting’s licensed its core red phosphor, also known for its chemical compound name Potassium Fluoride Silicon (PFS), global patent to Suijing Optoelectronics.
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Suijing Optoelectronics a company listed on China's OTCCB has become the latest company to seal a red KSF phosphor license agreement with GE Lighting. (Photo courtesy of GE Lighting) |
Earlier this month, Jufei Opto also announced sealing a license agreement deal for the same red phosphor patent with GE Lighting.
Jufei Opto announced the patent can be used to improve the company’s LED products wide color gamut (WCG) performance to match OLED technology, which would improve client satisfaction. The company also signed patent license agreements with GE for backlight WCG performance, and other global backlight market applications. All these have effectively raised the company’s added product value and core competitiveness, which was sued to strengthen the company’s domestic and international clients patent demands.
Suijing Optoelectronics is a company that is an advanced technology company involved in SMD LED R&D, production and sales, especially in the LED backlight component market for small displays. In the LED component market for small backlight applications, the company has entered major Chinese and international smartphone brands supply chain to form a steady partnership system. In the large LED display backlight application market, the company’s backlight light bar modules began to take off in 2015, and accelerated growth. The product has been applied in a wide range of applications including Chinese smart TVs. Moreover, the company’s advantages in LED backlight technology applications, such as small pitch LED displays and LED flash lights have been the new growth engines for the company.
As a leader in the LED backlight market, Suijing Optoelectronics has valued intellectual property and been active in acquiring core patents authorization. Prior to this, the company signed a white LED patent licensing agreement with Toyoda Gosei on October 2015.
Receiving core patent licensing will become crucial for Suijing Optoelectronics in the future and open up new global business opportunities, and is important development for the Taiwanese company in the international market. Recent developments will also better support its clients international developments, and protect the company by forming a solid patent protection network that can improve its added value and core competitiveness.