Sharp and Nichia link up for LED patent cross-licensing deal

While RPTVs teeter on a bellbottom-styled return to the mainstream, Sharp and Nichia are focused squarely on the future. The two have just entered into a LED patent cross-licensing agreement covering both LEDs and laser diodes; the deal grants each company the right to use "inventions related to LEDs and laser diodes covered by the vast number of patents owned by the respective companies in Japan and in major countries." The release gets interesting when touching on Sharp's intentions -- it states that the company is hoping to "create unique, one-of-a-kind products in the future that feature both devices [Blu-ray recorders and LED lighting] at their core." Color us very intrigued.