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S. Korea’s Stem Cell Technology Gains Momentum, Ranks 2nd Globally in Growth Rate

S. Korea’s Stem Cell Technology Gains Momentum, Ranks 2nd Globally in Growth Rate

DAEJEON, June 6 (Korea Bizwire) — In the realm of stem cell technology, as nations forge ahead with their endeavors, South Korea has emerged as a formidable contender, boasting an average annual growth rate that has steadily surged, trailing only China, according to a recent report. The Korean Intellectual Property Office (KIPO) divulged on Sunday [...]

Number of Patent Applications for Super-giant AI Up Sharply

Number of Patent Applications for Super-giant AI Up Sharply

DAEJEON, Feb. 21 (Korea Bizwire) — Competition is heating up to dominate super-giant artificial intelligence (AI) technology, which is the foundation of services such as the wildly popular ChatGPT from OpenAI, the patent office said Monday. The number of patent applications related to super-giant AI pending in five major intellectual property rights areas — South [...]

EV Manufacturers Double Down on Waste Heat Recovery Systems

EV Manufacturers Double Down on Waste Heat Recovery Systems

DAEJEON, June 23 (Korea Bizwire) — A worldwide effort to develop heat management systems for electric cars and other eco-friendly vehicles for improved efficiency and longer range is gaining traction. The Korea Intellectual Property Office reported that the submission of patents related to an integrated heat management system for eco-friendly cars from five countries or [...]

Kiosk Patents on the Rise: Data

Kiosk Patents on the Rise: Data

DAEJEON, May 23 (Korea Bizwire) — The near ubiquity of kiosks at restaurants and stores nationwide has led to an increasing number of related patents, data showed Sunday. The Korean Intellectual Property Office reported that the number of patents submitted in the last 10 years (2012 to 2021) grew by 16 percent each year. The [...]

Design Patents for Sterilizers Top Jewelry Following Pandemic

Design Patents for Sterilizers Top Jewelry Following Pandemic

DAEJEON, March 23 (Korea Bizwire) — The contactless practices triggered by the coronavirus outbreak are altering the landscape of the design industry. The Korean Intellectual Property Office reported a decrease in the number of new design patents for beauty products and fabric, while applications for products related to hobbies, entertainment, and exercise increased in number. [...]