E Ink has announced that its Korean subsidiary Hydis Technologies has signed a cross-licensing agreement for TFT LCD products with Innolux of Taiwan.
Under terms of the agreement, both companies are able to use each other’s patents for the manufacture of LCDs. In addition, the two companies have agreed to increase commercial cooperation to expand FFS technology into new markets.
E Ink said it believes that this cooperation with a display industry leader like Innolux will expand the market and applications for its FFS technology based LCD products.
“The agreement with Innolux is a tremendous endorsement for our FFS LCD technology,” stated Johnson Lee, chairman of Hydis. “Cross licensing agreements allow us to share patents while preserving intellectual property rights.”
“We are very excited about expanding the market and this collaboration with E Ink. E Ink has been a long-term business partner to Innolux and this cross licensing agreement has enabled both companies to reach a win-win outcome,” said WJ Sah, CTO of Innolux.
E Ink/Hydis has previously licensed FFS technology to several display manufacturers who are already deploying this technology into tablets, mobile phones and other applications, E Ink said, adding it will continue to proactively seek licensing agreements with display companies that wish to use the FFS technology in the next generation of electronic devices.