NEW YORK – (Business Wire) Professor Gertrude Neumark Rothschild has reached a settlement with Mitsubishi Corp. regarding her assertion that the company violated her patents for producing light emitting diodes and laser diodes in products, such as video players that are used for Sony's Blu-ray format, Motorola Razr phones and Hitachi camcorders, backlighting for computers, as well as street lighting and optical storage of information.
Terms of the Mitsubishi agreement are confidential, according to Rothschild's attorney, Albert Jacobs Jr. of Troutman Sanders LLP . However, the aggregate received from her settlements and licenses - which now have been concluded with more than 40 companies - amounts to over $27 million, Jacobs said.
"Dr. Rothschild made a seminal breakthrough in the production of LEDs and LDs, especially the blue, violet and ultraviolet LEDs that are essential to a wide variety of consumer electronics products today," said Jacobs. "She richly deserves both scientific as well as commercial recognition for her work."