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95/04/07 |
April 7,
2006 – Nichia Corporation announced today that it
reached an agreement with Epistar Corporation to
amicably settle the current IP litigations between the
companies in Korea and Japan (Nichia v. E&E Japan in
Tokyo District Court). Acknowledging Epistar’s promise
that it will respect Nichia’s IP rights and putting an
emphasis on Epistar’s merger with United Epitaxy Co.,
which has maintained a good business relationship with
Nichia for years, Nichia decided to settle all pending
IP litigations between the companies. No further details
of the settlement are disclosed. |
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