STOCK TITAN

CreeLED Inc. Files Patent Infringement Lawsuit Against ADJ Products, LLC

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), has filed a patent infringement lawsuit against ADJ Products, in the United States District Court for the Northern District of California. The lawsuit alleges that ADJ infringed on ten Cree LED patents through the sale of certain display products. Cree LED, with its 35-year history of innovation in LED technology, maintains a broad portfolio of high-performance LED chips and components, backed by extensive U.S. and worldwide patents. As a U.S.-based market leader with significant investments in R&D, quality, and product innovation, the company is taking legal action to protect its intellectual property rights.

Cree LED, un marchio di Penguin Solutions (Nasdaq: PENG), ha intentato una causa per violazione di brevetto contro ADJ Products presso il Tribunale Distrettuale degli Stati Uniti per il Distretto Settentrionale della California. La causa sostiene che ADJ abbia violato dieci brevetti di Cree LED attraverso la vendita di determinati prodotti per la visualizzazione. Cree LED, con una storia di 35 anni di innovazione nella tecnologia LED, vanta un ampio portafoglio di chip LED e componenti ad alte prestazioni, supportato da numerosi brevetti negli Stati Uniti e a livello mondiale. In qualità di leader di mercato con sede negli Stati Uniti e significativi investimenti in ricerca e sviluppo, qualità e innovazione di prodotto, l'azienda sta intraprendendo azioni legali per proteggere i propri diritti di proprietà intellettuale.

Cree LED, una marca de Penguin Solutions (Nasdaq: PENG), ha presentado una demanda por infracción de patente contra ADJ Products en el Tribunal de Distrito de los Estados Unidos para el Distrito Norte de California. La demanda alega que ADJ infringió diez patentes de Cree LED a través de la venta de ciertos productos de exhibición. Cree LED, con sus 35 años de historia en innovación en tecnología LED, mantiene una amplia cartera de chips y componentes LED de alto rendimiento, respaldada por extensas patentes en EE. UU. y en todo el mundo. Como líder del mercado con sede en EE. UU. y significativas inversiones en I+D, calidad e innovación de productos, la compañía está tomando medidas legales para proteger sus derechos de propiedad intelectual.

Cree LED, 펭귄 솔루션스의 브랜드 (Nasdaq: PENG),가 샌프란시스코 북부 지방법원에서 ADJ Products에 대한 특허 침해 소송을 제기했습니다. 이 소송은 ADJ가 특정 전시 제품의 판매를 통해 Cree LED의 10개 특허를 침해했다고 주장합니다. Cree LED는 LED 기술 혁신에서 35년의 역사를 가진 회사로, 폭넓은 고성능 LED 칩 및 구성 요소 포트폴리오를 보유하고 있으며, 미국 및 전 세계에서 다수의 특허를 보유하고 있습니다. 미국에 본사를 둔 시장 선두주자로서 R&D, 품질 및 제품 혁신에 상당한 투자를 하고 있는 이 회사는 지적 재산권을 보호하기 위해 법적 조치를 취하고 있습니다.

Cree LED, une marque de Penguin Solutions (Nasdaq: PENG), a déposé une plainte pour violation de brevet contre ADJ Products devant le tribunal de district des États-Unis pour le district nord de la Californie. La plainte allègue qu'ADJ a violé dix brevets de Cree LED par la vente de certains produits d'affichage. Cree LED, avec ses 35 ans d'histoire d'innovation dans la technologie LED, maintient un large portefeuille de puces et de composants LED haute performance, soutenu par de nombreux brevets aux États-Unis et dans le monde. En tant que leader du marché basé aux États-Unis avec des investissements significatifs dans la R&D, la qualité et l'innovation produit, l'entreprise prend des mesures juridiques pour protéger ses droits de propriété intellectuelle.

Cree LED, eine Marke von Penguin Solutions (Nasdaq: PENG), hat in dem US-Bezirksgericht für den nördlichen Bezirk Kalifornien eine Klage wegen Patentverletzung gegen ADJ Products eingereicht. Die Klage behauptet, dass ADJ zehn Cree LED-Patente durch den Verkauf bestimmter Anzeigeprodukte verletzt hat. Cree LED, mit einer 35-jährigen Geschichte der Innovation in der LED-Technologie, verfügt über ein breites Portfolio an Hochleistungs-LED-Chips und -komponenten, das durch zahlreiche US-amerikanische und internationale Patente gestützt wird. Als ein in den USA ansässiger Marktführer mit erheblichen Investitionen in Forschung und Entwicklung, Qualität und Produktinnovation ergreift das Unternehmen rechtliche Schritte zum Schutz seiner geistigen Eigentumsrechte.

Positive
  • Strong intellectual property portfolio with multiple patents
  • 35-year track record in LED innovation and technology
  • Market leadership position in LED technology
Negative
  • Legal expenses and resources required for patent litigation
  • Ongoing patent infringement by competitors affecting market share

Insights

This patent infringement lawsuit against ADJ Products represents a significant legal action to protect CreeLED's intellectual property portfolio. The suit encompasses 10 distinct patents, including both utility and design patents, suggesting a comprehensive strategy to defend their LED technology innovations. The broad scope of patents cited indicates potential substantial damages if infringement is proven.

Patent litigation in the LED industry typically spans 18-24 months and can result in various outcomes: monetary settlements, licensing agreements, or injunctive relief preventing further sales. The Northern District of California venue choice is strategic, known for its expertise in technology cases and typically faster time-to-trial than other districts. CreeLED's 35-year innovation history strengthens their position, as courts often consider the plaintiff's track record in the industry.

For investors, patent litigation carries both opportunities and risks. A favorable outcome could establish stronger market position and generate licensing revenue streams, while prolonged litigation costs could impact short-term profitability. The company's aggressive IP protection stance signals confidence in their patent portfolio's strength and commitment to maintaining market advantage.

The LED component market context is important here - CreeLED's patent enforcement action comes amid intensifying competition in the $21.5 billion global LED chip market. Their defensive positioning through IP litigation is particularly notable given the industry's 6.5% CAGR and increasing pressure from Asian manufacturers.

ADJ Products, primarily known for entertainment lighting solutions, represents a strategic target. This lawsuit likely aims to set a precedent for broader IP enforcement. The timing suggests CreeLED is moving to protect market share as LED adoption accelerates in display technologies. For investors, this signals the company's commitment to defending its premium positioning and technology leadership, though litigation costs could impact near-term margins.

DURHAM, N.C.--(BUSINESS WIRE)-- Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced that it has filed a patent infringement lawsuit in the United States District Court for the Northern District of California against ADJ Products, LLC (ADJ). The lawsuit asserts that ADJ has infringed Cree LED’s rights in the following patents by selling certain display products: U.S. Patent Nos. US8049230, US8901583, US9054257, US8487337, US8748915, US7718991, US9634209, US9240395, USD684545 and USD704358.

Cree LED specializes in delivering a broad portfolio of high-performance LED chips and components to its customers. Cree LED, together with its predecessor, Cree, Inc., has a thirty-five-year track record of innovations and industry firsts. This rich history in technology and innovation has distinguished Cree LED as one of the LED industry’s strongest brands. Cree LED’s contributions to LED development and design serve as the basis for Cree LED’s expansive portfolio of U.S. and worldwide patents covering an array of innovative technologies.

As a U.S.-based market leader that has extensively invested in research and development, quality and product innovation, Cree LED is committed to protecting and enforcing its valuable intellectual property rights.

Cree LED is a registered trademark of CreeLED, Inc. All other trademarks and registered trademarks are the properties of their respective owners.

About Cree LED

Cree LED, a Penguin Solutions brand, offers one of the industry’s broadest portfolios of application-optimized LED chips and components, leading the industry in performance and reliability. With more than 35 years of innovation, our strong IP portfolio and unique business model ensures supply chain continuity. We deliver best-in-class technology and breakthrough solutions for focused applications in high power and mid-power general lighting, horticulture, specialty lighting and video screens. For more information, visit cree-led.com.

Media Relations

Debi Polo

Sr. Manager, Marketing Communications, Cree LED, Inc.

debi.polo@cree-led.com

Penguin Solutions

Maureen O’Leary, Director Communications

pr@penguinsolutions.com

Source: Penguin Solutions, Inc.

FAQ

What patents are involved in Cree LED's lawsuit against ADJ Products?

The lawsuit involves ten U.S. patents: US8049230, US8901583, US9054257, US8487337, US8748915, US7718991, US9634209, US9240395, USD684545, and USD704358.

Where has Cree LED (PENG) filed the patent infringement lawsuit?

Cree LED has filed the lawsuit in the United States District Court for the Northern District of California.

What products are alleged to infringe on Cree LED's patents?

The lawsuit alleges that certain display products sold by ADJ Products, infringe on Cree LED's patents.

How long has Cree LED been developing LED technology?

Cree LED, together with its predecessor Cree, Inc., has a 35-year track record of innovations and industry firsts in LED technology.

SMART Global Holdings, Inc. Ordinary Shares

NASDAQ:SGH

SGH Rankings

SGH Latest News

SGH Stock Data

1.10B
52.92M
2.46%
108.07%
12%
Semiconductors
Semiconductors & Related Devices
Link
United States of America
NEWARK