SEOUL, Nov. 12 (Korea Bizwire) — Samsung Electronics Co. has shared more than 100 patents with smaller businesses as part of efforts to promote shared growth, the industry ministry said Tuesday. The leading South Korean tech giant transferred 128 patents to 85 companies this year to assist them in developing innovative products and solutions without [...]
SEOUL, Aug. 8 (Korea Bizwire) – As the artificial intelligence (AI) market continues to expand, South Korea’s major corporations have collectively secured more than 1,500 AI-related patents, according to a recent report. Samsung Electronics leads the pack with the highest number of AI patent registrations. CEO Score, a corporate data research firm, released findings on August [...]
SEOUL, Jun. 19 (Korea Bizwire) – Federal prosecutors in South Korea have charged former Samsung Electronics employees with stealing corporate secrets and funneling sensitive information to a shell company run by an ex-executive, in a case that exposes potential vulnerabilities at one of the world’s largest technology firms. The allegations center on Ahn Seung-ho, Samsung’s former [...]
SEOUL, Sept. 8 (Korea Bizwire) — On Thursday, the Korean Intellectual Property Office (KIPO) announced its plans to hire 39 patent reviewers specializing in semiconductors as part of its efforts to prevent overseas technology leaks in the semiconductor field as well as a loss of skilled employees. This marks the second open recruitment following the [...]
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 [...]
DAEJEON, April 5 (Korea Bizwire) — The Korean Intellectual Property Office (KIPO) has revealed that it will be establishing a Semiconductor Examination Task Force that will be dedicated to reviewing patents related to chip technology. The patent office and the Ministry of the Interior and Safety said Tuesday that the amendment to the former’s organizational [...]
SEOUL, Feb. 6 (Korea Bizwire) — Samsung Electronics Co. has agreed to pay US$150 million to Nanoco Technologies in settlement for a patent lawsuit over a technology used in Samsung’s quantum-dot LED TV, a litigation finance firm for the British company has said. GLS Capital announced Friday the two parties reached the settlement shortly before [...]
DAEJEON, April 25 (Korea Bizwire) — South Korean companies are leading international patent applications in the fast-growing area of clothing care systems designed to make it simple to keep clothes clean, hygienic and ready to wear, the country’s patent office said Sunday. The number of patent applications related to clothing care systems in five major [...]
CHICAGO, March 5 (Korea Bizwire) — Chicago-based Tailwind Services LLC announced today that pursuant to an order entered by the Circuit Court of Cook County, Illinois, he will conduct a judicial sale of certain patents related to “secure messaging products” developed by Loment, Inc. Details of the sale included in Tailwind’s notice of sale are [...]
SEOUL, Feb. 21 (Korea Bizwire) — South Korean firms are being targeted by U.S.-based non-practicing entities (NPEs) or patent trolls that acquire patents to make profits by filing patent infringement lawsuits. Rather than actually going through with the lawsuits, they seek to extort early settlements. NPEs are those who make profits by acquiring and managing [...]