patent trolls Archives | Be Korea-savvy

Most Patent Suits Against Korean Firms Filed by Patent Trolls: Data

SEOUL, July 13 (Korea Bizwire) — Among the patent suits filed against South Korean firms in the U.S. last year, a significant number of them were initiated by global non-practicing entities (NPEs), also known as “patent trolls.” Patent trolls are entities that derive profits from patent licensing or enforcement. According to a report from the [...]

Korean Firms Facing Growing Threats from Patent Trolls

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 [...]