On April 15, 2025, PurpleVine IP Group ("PurpleVine") and Suzhou LEKIN Semiconductor Co., Ltd. ("LEKIN") entered into a strategic cooperation agreement. PurpleVine will manage the global monetization of LEKIN's LED-related patents. As one of China’s largest patent holders in the LED industry, LEKIN’s portfolio spans the entire LED industry value chain, including epitaxy, chips, packaging, automotive lighting, backlighting/displays, and general lighting, making it a recognized global leader in the field. PurpleVine is committed to promoting LEKIN's cutting-edge technologies and patents on a fair, reasonable, and open basis, continuously driving industry innovation and supporting the growth of the LED sector.

About LEKIN

Suzhou LEKIN Semiconductor Co., Ltd. (LEKIN) was founded in 2021 as a high-tech enterprise focused on the innovation and industrialization of new display technologies and compound semiconductor products, operating under the IDM model.

In March 2021, LEKIN successfully acquired the optoelectronic compound semiconductor division of LG, a Fortune 500 company. This acquisition included nearly 10,000 patents, related technologies, and complete process equipment, enabling LEKIN to establish a comprehensive intellectual property system in critical areas such as GaN and GaAs LED epitaxial structures, manufacturing processes, chip design and packaging, module design and manufacturing, and more. LEKIN's patents are covered in the United States, Europe, Japan, South Korea, China and other key regions. Moreover, leveraging its strong R&D capabilities, LEKIN continues to expand its patent portfolio in emerging areas such as Micro-LED, UV, VCSEL, and automotive lighting, driving ongoing technological innovation. LEKIN’s patent assets are poised to significantly contribute to the independent and controllable development of China’s LED industry and establish a solid foundation for its international market expansion.

About PurpleVine IP Group

PurpleVine IP Group, incorporated in Shenzhen, China, is a globally-oriented intellectual property service provider. PurpleVine offers a wide range of services, including global prosecution, analysis and consultation, investment, transactions, licensing, enforcement, and dispute resolution. The core members of PurpleVine’s team hail from industry-leading technology companies and prestigious international firms, bringing unparalleled industry insight and expertise. The group’s business presence spans key intellectual property hubs in the Asia-Pacific region, as well as global centers such as the United States and Europe.