intellectual property Archives | Be Korea-savvy
South Korea to Impose Heavy Penalties for Intellectual Property Infringements

South Korea to Impose Heavy Penalties for Intellectual Property Infringements

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 [...]

AliExpress from China Pledges Investment to Safeguard Intellectual Property of South Korean Brands on its Platform

AliExpress from China Pledges Investment to Safeguard Intellectual Property of South Korean Brands on its Platform

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 [...]

Patent Office Introduces Measures Against Technology Theft and Leaks

Patent Office Introduces Measures Against Technology Theft and Leaks

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 [...]

S. Korea Posts IPR Trade Surplus in H1 amid Popular K-pop, Culture

S. Korea Posts IPR Trade Surplus in H1 amid Popular K-pop, Culture

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 [...]

Anaqua Strengthens AQX IP Management Platform with Automated IDS Solution

Anaqua Strengthens AQX IP Management Platform with Automated IDS Solution

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 [...]

Anaqua’s PATTSY WAVE IP Management Software Enters European Market Following Success in North America

Anaqua’s PATTSY WAVE IP Management Software Enters European Market Following Success in North America

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 [...]

Samsung Acquires Patent for ‘Multi-foldable’ Technology

Samsung Acquires Patent for ‘Multi-foldable’ Technology

SEOUL, Jan. 18 (Korea Bizwire) — A new path has opened for Samsung Electronics Co. to produce an eye-catching laptop with a foldable display and keyboard. The World Intellectual Property Organization (WIPO), a U.N.’s intellectual property agency, finally approved a patent named ‘multi-foldable electronic appliance’ registered in July last year by Samsung Electronics, according to [...]

S. Korea to Protect VR, AR Videos as Intellectual Property

S. Korea to Protect VR, AR Videos as Intellectual Property

DAEJEON, Oct. 20 (Korea Bizwire) — Virtual reality and augmented reality videos, as well as images expressed on websites, street walls and human bodies will be eligible to be registered as intellectual property (IP) in South Korea, the country’s patent office said Tuesday. The Korea Intellectual Property Office announced that digitally-produced designs with various purposes [...]