SEOUL, May 22 (Korea Bizwire) — Pantech Co. South Korea’s smallest smartphone manufacturer that recently announced it will suspend production of mobile devices, turned over 230 U.S. patents to another company, official data showed Sunday. Information provided by the United States Patent and Trademark Office (USPTO) showed that Patech, owned by Solid Inc. a local [...]
SEOUL, March 15 (Korea Bizwire) – South Korean companies must be better prepared to protect their intellectual property (IP) rights, especially when doing business in China, a report said Wednesday, citing a recent rise in IP-related disputes in China. According to the report from the state-run Korea Trade-Investment Promotion Agency (KOTRA), the number of IP-related [...]
SEOUL, Dec. 26 (Korea Bizwire) – South Korea may face a series of lawsuits from U.S. companies over local taxation of their patent income after a Seoul court recently ruled in favor of an American patent management firm in a drawn-out case, watchers said Monday. In a landmark ruling on Dec. 9, the Seoul Administrative [...]
SEOUL, Aug. 24 (Korea Bizwire) – South Korea’s deficit in the trade of intellectual property rights narrowed from a year earlier in the first quarter on the back of a sharp cut in shortfalls from industrial property rights, data showed Wednesday. In the January-March period, South Korea posted a trade deficit of US$780 million in [...]
SEOUL, July 14 (Yonhap) — South Korea’s tech giant Samsung Electronics has won a patent for analyzing body fat through smartphones, an intellectual property organization said Tuesday, which may mark another leap forward in enhancing health care-related features on smart devices. Under the title “Method and apparatus for measuring body fat using a mobile device,” the [...]
SEOUL, Dec. 30 (Korea Bizwire) – Intellectual property products (IPPs), which span research and development (R&D) as well as cultural entertainment, are playing a bigger role in the growth of Asia’s fourth-largest economy than during the 1970s, data showed on December 29. The net stock value of IPPs, which accounted for 2 percent of the country’s [...]
SEOUL, Nov.27 (Korea Bizwire) – A photo posted on an online discussion forum ended up forfeitinga patent. The cane-shaped ice cream sold in Seoul’s tourist-filled Insa-dong has been a popular item for the past few years. Korea’s Intellectual Property Trial and Appeal Board said on November 26 that the patent related to making the cane-cone ice cream was [...]
SEOUL, Korea, April 23, 2014 (Korea Bizwire) – A “valuation scheme” that can put a price tag on each piece of knowledge or technology will be established within the first half of 2014, according to a Munhwa Daily News report. The government of Korea is determined to come up with a system which estimates how [...]