Seoul Semiconductor extends patent portfolio auction deadline to 28 February

South Korean LED maker Seoul Semiconductor Co Ltd has extended the auction date for its radio-frequency (RF) semiconductor patent portfolio and high power LED package patent portfolio to 28 February.

“Numerous companies have expressed enthusiastic interest in the patent portfolios, and have asked enough time to review them,” says Seoul Semiconductor’s founder Chung Hoon Lee and SETi’s CEO Chae Hon Kim. “So we have decided an extension of the bid deadline for both auctions, given the market interest,” he adds.

In the first auction, Seoul Semiconductor is seeking the top bidder for 98 patent assets related to power amplifiers and gallium nitride (GaN) RF semiconductors, including 55 US patents.

In the second auction, Seoul Semiconductor will auction 177 patents, including 76 US patents, related to high- and mid-power LED packages, chip-scale packages (CSP) and adaptive lighting.

The auction process is being handled by GoodIP, the digital licensing platform that helps tech companies and research centers to identify licensing partners for their intellectual property. GoodIP is supported by Fluxunit/Osram Ventures and the LMU Entrepreneurship Center.

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Tags: Seoul Semiconductor LEDs

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