According to MT news in S. Korea, Samsung’s subsidiary Samsung Display formed a patent acquisition company – IKT (Intellectual Keystone Technology LLC) – in Washington DC. Samsung’s initial investment was $25 M for the 100 % share of IKT. IKT’s main role is to acquire high quality patents for Samsung’s strategic patent management.
As the first task, IKT closed a deal with Seiko-Epson in Japan for a small number of patents related to LCD equipments. Samsung is going to acquire patents aggressively to protect itself from competitors’ challenge through patent lawsuit. Samsung also expressed its intention of investment to start-ups that hold patent portfolios which are necessary to its global business leadership.
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