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 [...]
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 [...]
DAEJEON, Dec. 16 (Korea Bizwire) — The number of patent applications for non-contact biometric authentication technology based on human characteristics such as the face, iris and voice has surged in recent days. According to the Korean Intellectual Property Office, the number of patent applications for non-contact biometric authentication technologies jumped to 792 in 2019, up [...]
SEOUL, Dec. 8 (Korea Bizwire) — Seoul Semiconductor Co., a South Korean mid-sized light emitting diode (LED) manufacturer, has won a lawsuit filed by a U.S. patent management company that has been accused of being little more than a patent troll. The company on Tuesday said it obtained a favorable judgement in a patent lawsuit [...]
SUWON, Aug. 20 (Korea Bizwire) — Gyeonggi Province’s government has acquired a patent for a hands-free wireless communication device designed especially for firefighting helmets, a first in South Korea. The provincial government said Thursday that it applied for patent rights for the “wireless communication device for firefighting helmets and the method of sending voice signals” [...]
DAEJEON, June 11 (Korea Bizwire) — The number of patent applications for brand-new automotive seat technology is steadily increasing. According to the Korea Intellectual Property Office, the annual number of such applications remained steady at 188 over the past ten years. By type of patent applicants, large companies accounted for the largest share at 31.7 [...]
DAEJEON, June 10 (Korea Bizwire) — With the surge in sales of protective masks following the coronavirus outbreak, patents for technology designed to prevent these masks from causing environmental damage also jumped in number last year. The Korean Intellectual Property Office reported that 112 patents were submitted last year in relation to eco-friendly mask technologies, [...]
DAEJEON, March 26 (Korea Bizwire) — Computer-generated designs for products such as virtual keyboards and smart wristbands are set to be regarded and protected as intellectual properties, the patent office said Thursday. A revision of the Design Protection Act that focuses on the protection of computer-generated graphic design passed the National Assembly on Thursday, according [...]
DAEJEON, March 17 (Korea Bizwire) — Amid the crisis of the COVID-19 pandemic, the number of patent applications for negative pressure wards, isolation and treatment facilities for virus patients, increased sharply in South Korea last year, the intellectual property office said Tuesday. The annual number of patent applications for negative pressure wards shot up to [...]
CHICAGO, Feb. 11 (Korea Bizwire) — Oil-Dri Corporation of America (NYSE: ODC), a leading manufacturer of sorbent minerals, doing business as Amlan International, today announced that the Korean Intellectual Property Office has issued Patent 28958.07.0042 entitled “Clay Product and Uses Thereof.” The patent protects the unique and proprietary mineral-based technology of two of Amlan’s natural [...]