Tuesday, July 28, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Qualcomm Enables Wireless Charging for Mobile Devices with Metal Cases
New Memory Memory Chip Is 1,000 Times Faster Than Flash
Motorola Unveils New Moto G, Moto X Play and Moto X Style Android Phones
Hackers Could Break Into Your Android Smartphone With A Simple MMS
Google Relases New Consent Policy in European Union
Samsung To Showcase New Galaxy Phablet on August 13 Event
OnePlus 2 Smarphone Is An Affordable, High-End Flagship
Google Announces Changes To Google Plus
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Optical Storage > Nichia ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, January 11, 2005
Nichia and Nakamura settle for only $8m


Shuji Nakamura and former employer Nichia finally come to a settlement over the invention of GaN-based blue LEDs, but Nakamura will receive much less compensation than previously expected.

Blue LED pioneer Shuji Nakamura and his former employer Nichia are both said to be dissatisfied after the Tokyo High Court told the company to pay Nakamura Yen840 million ($8.1 million) to settle the pair?s extended patent dispute.
Although this sum is thought to be the most that a company has ever agreed to pay an inventor in Japan, it is far less than the Yen20 billion figure that Nakamura had originally sued for, and which he was awarded by the Tokyo District Court in January 2004.
A payment of even that magnitude is unlikely to have financially crippled Nichia, which has a huge share of the estimated $4 billion high-brightness LED market and is now gearing up for mass production of GaN-based blue lasers for next-generation DVD applications.
Nichia Corporation had been expecting to make a Yen100 billion profit on sales of Yen220 billion in 2004.
According to a report at Nikkei.net, the High Court decision estimated all Nakamura?s inventions while the researcher was at Nichia to be worth ?608 million to the company. The extra Yen230 million is compensation for delayed payment.
Nakamura is said to be ?totally dissatisfied? with the settlement, while Nichia believes even the revised amount to be excessive.
Now working as a professor at the University of California in Santa Barbara, Nakamura had sued Nichia on the basis that his work was worth 50% of the value of the invention.
The final settlement appears to have valued Nakamura?s contribution to be far less than that.


Previous
Next
European broadcast support for TDK's Professional Disc        All News        Games software giants swell Blu-ray group
European broadcast support for TDK's Professional Disc     Optical Storage News      Games software giants swell Blu-ray group

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Nichia Develops New Energy-efficient Laser For TVs
Nichia Starts Sample Shipments of Green Laser
Sharp and Nichia Enter into LED and Laser Diode Patent Cross-Licensing Agreement
Nichia Starts Engineering Sample Shipments of 488nm Blue-green Semiconductor Laser
New Laser Diode Supports 12x Blu-Ray/HD DVD Recording
Nichia and Moeller settled for Blue LED patents
Nichia settles "amicably" with US retailer
"No regrets" says disappointed Nakamura
Nichia and SONY Co-Develop New Dual Wavelength LASER Coupler Device Compatible With Red and Blue-Violet LASERs
Nichia to supply lasers to disk rivals
Nichia-Sony cross license agreement on Blue-Violet Laser diode related patents for optical disc
Nichia Corporation got The Nikkei BP Technology Prize

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .