Published by Global Banking & Finance Review®
Posted on December 26, 2024
1 min readLast updated: January 27, 2026
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Signify is ordered by a German court to recall products infringing Seoul Semiconductor patents, risking fines for non-compliance.
SEOUL (Reuters) - Signify, the world's biggest lighting maker, has been ordered by a German court to recall and destroy some of its products sold since 2017 that are seen infringing on patents of Seoul Semiconductor, the South Korean firm said on Thursday.
The court in Düsseldorf, Germany, also ruled that a fine of up to 250,000 euros ($259,925) would be imposed for each violation of this order, Seoul Semiconductor said in a statement.
The Netherlands-based Signify, spun off from Philips in 2016, did not immediately reply to a request for comment.
Seoul Semiconductor, which has sued multinational companies over patents, said it uses about 10% of its revenue in research and development and holds over 18,000 patents in light-emitting diode technology.
($1 = 0.9618 euros)
(Reporting by Joyce Lee; Editing by Muralikumar Anantharaman)
The article discusses a German court's order for Signify to recall products infringing on Seoul Semiconductor's patents.
Signify, the world's largest lighting maker, is affected as they must recall and destroy certain products.
Signify faces fines of up to 250,000 euros for each violation of the court order.
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