Sharp Corporation (head office: Osaka City, Osaka Prefecture; President: Mikio Katayama; below, “Sharp”) and Toyoda Gosei Co., Ltd (head office: Kiyosu City, Aichi Prefecture; President: Hajime Wakayama) have today entered into a patent cross-licensing agreement covering LEDs (light-emitting diodes) and laser diodes.

This cross-licensing agreement grants each other the right to use inventions related to LEDs and laser diodes covered by the patents owned by the respective companies in Japan and in other countries. By entering into this cross-licensing agreement, the research and development by the two companies will be enhanced, thus contributing to the development of the ever-growing LED industry.

Sharp is aiming to create even more advanced LEDs and laser diodes to respond to market demand.