According to Seoul Economic Daily in S. Korea, Samsung
Display’s wholly owned US patent acquisition company,
IKT
(Intellectual Keystone Technology LLC), recently sold total of 72% of its shares to several companies
including some subsides of Samsung Group and foreign firms. Industry experts
expressed that the efforts of inviting various investors indicate Samsung’s
intention of full-scale development of global patent business
company.
Samsung formed IKT
in Washington DC on May
of 2013 with the initial investment of $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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