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NEC Electronics Acquires Licenses for LCD Driver Patents from Honeywell
-Honeywell Patents Cover Technologies That Reduce Flicker, Drive the Grey Scale in Liquid Crystal Displays-
KAWASAKI, Japan, Apr. 8, 2003 -
NEC Electronics Corporation announced today that NEC Electronics and Honeywell have reached agreement for NEC Electronics to use two Honeywell patents relating to liquid crystal displays (LCDs) drivers found in a wide variety of electronic consumer and business technology products.
Under the agreement, NEC Electronics is granted non-exclusive, worldwide rights to use the Honeywell's patents, U.S. Patents Nos., 5,061,920 and 5,041,823 and their counterparts throughout the world.
One of the patented technologies reduces screen flicker and the other drives the grey scale of the pixels, or dots, that form the images displayed on the screen.
"Through selecting our LCD drivers, our customers will also be able to bring technical advantages given by the patents into their end products such as LCD panels for flat panel displays, notebook PCs, mobile phones, PDAs, and measurement equipments," stated Kazumichi Aoki, general manager of 5th System LSI Division, 2nd Business Development Operations Unit, NEC Electronics Corporation.
NEC Electronics is a leading company in the field of driver ICs and commands one of the world's largest shares in the LCD driver IC market. Based on this agreement, the company aims to support its customers' products and business concerning LCD module with its advanced technology solutions. NEC Electronics will continue to further strengthen development of LCD driver ICs in order to maintain and reinforce its position in this field.
Honeywell International is a diversified technology and manufacturing leader, serving customers worldwide with control technologies for buildings, homes and industry; automotive products; power-generation systems; specialty chemicals; fibers; plastics; and electronic and advanced materials. Based in Morris Township, NJ, Honeywell's shares are traded on the New York Stock Exchange under the symbol HON, as well as on the London, Chicago and Pacific Stock Exchanges. It is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor's 500 Index. Additional information on the company is available at www.honeywell.com. Based in Phoenix,
Honeywell's aerospace business is a leading global provider of integrated avionics, engines, systems and service solutions for aircraft manufacturers, airlines, business and general aviation, military, space and airport operations.
About NEC Electronics Corporation
NEC Electronics Corporation is a wholly owned subsidiary of NEC Corporation (NASDAQ: NIPNY) (FTSE: 6701q.l), one of the world's leading providers of Internet, broadband network and enterprise business solutions. NEC Electronics specializes in semiconductor products encompassing advanced technology solutions for the broadband and communications markets, system solutions for the mobile handsets, PC peripherals, automotive and digital consumer markets, and platform solutions for a wide range of customer applications. NEC Electronics Corporation has 24 subsidiaries worldwide including NEC Electronics America, Inc. and NEC Electronics (Europe) GmbH. For additional information, visit the company's website at http://www.necel.com.
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