SEOUL, Jun. 7 (Korea Bizwire) – In an ongoing copyright battle over the “Legend of Mir” intellectual property jointly owned by game developers Actoz Soft and WeMade, South Korea’s Supreme Court has ruled that the case should be re-examined based on Chinese law, not domestic regulations. On June 6, it was reported that the Supreme Court’s [...]
BOSTON, April 18, 2024 (Korea Bizwire) – Anaqua, the leading provider of innovation and intellectual property (IP) management technology for corporations, law firms and governments, announces advancements in its Foreign Filing offering, enhancing the capabilities of its IP management platform, AQX®. Anaqua has shifted the paradigm of foreign filing for IP professionals from a burdensome set [...]
SEOUL, Mar. 20 (Korea Bizwire) — South Korea posted a trade surplus in intellectual property rights (IPRs) in 2023, partly due to trade surplus in copyrights, central bank data showed Wednesday. The country’s cross-border IPR trade surplus stood at US$180 million last year, compared with a shortfall of $1.11 billion a year earlier, according to [...]
DAEJEON, Feb. 14 (Korea Bizwire) – From August, infringements on intellectual property rights in Korea, including patent violations, trade secret breaches, and idea theft, will be subject to penalties of up to five times the amount of actual damages. The main feature of the revised law is the extension of the punitive damages limit from the [...]
SEOUL, Dec. 6 (Korea Bizwire) – Chinese e-commerce platform AliExpress said Wednesday it plans to invest 10 billion won (US$7.6 million) in South Korea over the next three years to better protect the intellectual property rights of South Korean brands on its platform. Ray Zhang, head of the Korean unit of AliExpress, made the remarks [...]
SEOUL, June 29 (Korea Bizwire) — The Korean Intellectual Property Office on Wednesday unveiled a series of measures to address the increasing damages faced by domestic companies due to technology theft and leaks. These measures aim to strengthen the roles of the patent office’s administrative investigation, dispute mediation, and collaboration with technology police, with the [...]
SEOUL, Sept. 23 (Korea Bizwire) — South Korea posted a trade surplus of intellectual property rights (IPRs) in the first half of this year thanks to a rise in copyright payments amid popularity of Korean music and other cultural content, central bank data showed Friday. The country’s surplus from cross-border IPR trade came to US$370 [...]
BOSTON, April 20 (Korea Bizwire) – Anaqua, the leading provider of innovation and intellectual property management technology, today announced plans for the release of its new automated information disclosure solution as part of its AQX IP management offering for corporations and law firms. The new system will help IP professionals save time and money by streamlining [...]
BOSTON, April 6 (Korea Bizwire) – Anaqua, the leading provider of innovation and intellectual property management technology, today announced the expansion of its next generation platform PATTSY WAVE® to the European market. The release follows significant traction in North America with the latest enhancements of PATTSY WAVE. Through this expansion, IP professionals in Europe now have access [...]
SEOUL, March 25 (Korea Bizwire) — South Korea’s deficit in the trade of intellectual property rights touched a record low in 2021 on increased exports of cultural content, central bank data showed Friday. The nation’s deficit in the intellectual property account stood at US$30 million last year, compared with a $2.02 billion shortfall in 2020, [...]