usbased patent trolls file 128 claims on south korean firms
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

US-based patent trolls file 128 claims on South Korean firms

Arab Today, arab today

Arab Today, arab today US-based patent trolls file 128 claims on South Korean firms

US-based patent
Seoul - Yonhap

U.S.-based non-practicing entities (NPEs) filed 128 lawsuits against South Korea-based firms in 2014, an intellectual property union said Wednesday, adding big-name tech players, such as Samsung Electronics Co. and LG Electronics Inc., were major targets.
Samsung faced 49 patent claims from U.S. NPEs last year, while LG was also slapped with 40 suits, the data compiled by anti-NPE cooperative UnifiedPatents showed. NPEs, also known as "patent trolls," refer to entities that generate profits from licensing or enforcing patents.

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