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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