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Corning, Hitachi-Maxell ink pact

Corning Inc. and Hitachi-Maxell Ltd. today said they have entered into a non-exclusive licensing agreement that will allow Hitachi-Maxell to use Corning’s precision molded optics patents in the manufacture of aspheric glass lenses.

Corning, Hitachi-Maxell ink pact

Corning Inc. and Hitachi-Maxell Ltd. today said they have entered into a non-exclusive licensing agreement that will allow Hitachi-Maxell to use Corning’s precision molded optics patents in the manufacture of aspheric glass lenses, such as those used in digital still cameras and other electronic products.
Details of the agreement were not disclosed.
Mark Newhouse, Corning vice president of strategic growth, said the agreement with Hitachi-Maxell “demonstrates our ongoing commitment to actively license our intellectual property portfolio.”
Several companies already have taken licenses to Corning’s precision molded optics technology, Newhouse said.

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