Philips Introduces Licensing Program for LED-based Luminaires
Eindhoven, The Netherlands – Today Philips (NYSE: PHG, AEX: PHI) introduces a patent licensing program for LED-based luminaires used in the general illumination, architectural and theatrical markets. It is Philips’ policy to share its intellectual property for basic control inventions for LED-based luminaires through licensing. This Philips IP addresses the basic control technologies required in a broad range of LED lighting applications. This new program extends the former Color Kinetics licensing program to enable faster growth of the Solid State Lighting market.
Rudy Provoost, Chief Executive Officer of Philips Lighting comments: “We are facing a market for LED luminaires that is growing more than 30% per year. This year we already see the entrance of LEDs in functional general lighting in many market segments. LEDs mark a new era of light, it is more than just switching on light. It can create beautiful atmospheres, enhance peoples’ mood, while saving energy through efficiency.” Having the technology is just one part of unlocking the potential of LED–based lighting. By licensing our technology we are able to open up the full potential of new LED lighting solutions to companies and consumers, helping the Solid State Lighting market to grow,” adds Ruud Peters, Chief Executive Officer of Philips Intellectual Property & Standards.
Companies interested in being granted a license under Philips patents for LED-based luminaires are kindly requested to contact Philips Intellectual Property & Standards via www.ip.philips.com or send an e-mail to: info.SSLlicensing@philips.com
| Licensed Product: | LED-based luminaires for general lighting applications, architectural lighting applications and theatrical lighting application purposes |
| Licensed Patents: | See enclosed document (PDF) |
| Royalty Rates by category*: | |
| Single Color luminaire: | 3% of net selling price |
| Tunable White luminaire: | 4% of net selling price |
| Color-Changing luminaire: | 5% of net selling price |
| *Royalties will be charged on a country by country basis to the extent that patent coverage for the specific product feature is present for that country. |
1. This summary is for information purposes only. In the event of any discrepancy between the above information and any patent license agreement related to this licensing program, the provisions of the patent license agreement shall prevail.
2. For any questions, contact us at info.SSLlicensing@philips.com
