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AUO, E-Ink & Hydis Sign Patent Cross-licensing Agreements
Taipei, Nov. 6, 2012 (CENS)--AU Optronics Corp. (AUO), the second-largest maker of thin film transistor-liquid crystal display (TFT-LCD) panels in Taiwan, recently announced having signed patent cross-licensing agreements with local counterparts E-Ink Holdings and Hydis Technologies Co., Ltd., E-Ink`s South Korean subsidiary, respectively.
AUO, E-Ink and Hydis have all invested R&D resources in the advanced display technologies, having each established strong and comprehensive patent portfolios, AUO said. To respect each other`s intellectual property, the parties have agreed to cross-license specific patents.
Under the terms of the agreement, to be effective for 10 years, the parties can mutually use specified proprietary technologies. The patent cross-license agreements primarily involve LCD related technologies, including the wide viewing angle Fringe Field Switching (FFS) technology with applications to smartphones and tablets, which will facilitate technological development of innovative electronic products.
Hydis` FFS technology has wide viewing angle, power-saving, high contrast, and high resolution features. With the signing of the agreements, AUO claimed that its strengths in wide viewing angle technology would be further enhanced.
Both AUO and E-Ink believe that the patent cross-license agreements will sharpen their competitive edge in the industry and introduce more opportunities for technological and business collaborations to expand market reach.