the right to assert their respective claims in the future

Under the settlement, SemiLEDs has agreed to make a one-time payment to Cree for past damages. It has also agreed to the entry of an injunction (effective 1 October) that prohibits the importation and sale of SemiLEDs’ accused products in the USA. The parties have agreed to withdraw the remaining claims without prejudice to the right to assert their respective claims in the future.

The company’s chairman Lee Biing-jye told Unique Satellite TV after the company’s annual shareholders’ meeting, “Capacity utilization is full now. Supply still lagged demand by between 20 and 30 percent. [Demand] looks quite good in July and August. [Demand in] September will depend on market demand for LED TVs.”

Additionally, Epistar also plans to build two new plants each in Miaoli County and China’s Fujian Province. And the plants would start operation in 2014, Lee told reporters.Epistar shareholders approved a plan to sell 250 million common shares via a private placement in an effort to seek strategic partners and expand capacity in the next few years in anticipation of a boom in the LED lighting industry beginning in 2015.

Toshiba PAR38 lamps are an example of superior design and performance.  With equivalency based on the Energy Star® Integral LED Lamp Program, depending on Kelvin, Toshiba 20.3w PAR38 LED lamps are the equivalent of 90 to 110 watt halogen lamps.  The lamps are available in 2700K, 3000K, and 4000K color temperatures, 25 and 35 degree beam spreads, are rated for 40,000 hours and have a five year warranty based on even 24/7 usage.

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