Amendment to Korea’s Intellectual Property Registration System: Korea IP Law Updates

South Korean organizations, companies and startups will, likely, in the near future experience a quicker and increasingly more efficient Patent and Intellectual Property Registration System in Korea and internationally based on developments within the IP5. Top IP officials in Korea are gearing up, in order to help South Korean organizations, companies and startups register their Intellectual Property more efficiently.  It seems like the effort is a serious attempt to expedite approvals and lesson application burdens for those doing business in Korea. IP officials from Korea, the United States, China, Japan and the European Union (a.k.a IP5) recently gathered in Incheon and asserted that they shall utilize A.I. technology and other future advances to improve the worldwide Patent Application System. To accomplish this objective, IP5 consented to organize a research team, containing Patent and IT specialists from these four countries and the EU. This team will start working on an A.I.

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Basics to Successfully Outsourcing Production of your Product to Korea: Korea OEM Basics

So you have decided to outsource the manufacturing of your products to Korea. Good choice in choosing quality-focused Korea over quantity-focused China, but don’t make the bad choice of not considering basic basic legal due diligence necessary to protect your good name, technology, brand and the future of your business. If you plan on just dealing through a purchase order (PO) in Korea, you are heading down a path that may lead to a kick in the behind. The recession hit small/medium-sized manufacturers even harder than large manufacturers. Many of these SMEs have decided that the only way to survive is OEM (original equipment manufacturing) outsourcing to China, India, and other parts of Asia. I, also, do a good deal of enjoyable work in China. I am, however, always happy to see clients choose Korea over China, since many of the headaches you will experience in China and India will never

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Korean Trademark Act Revised: Korean Trademark Act of 2017

The Korean Trademark Act is, often, criticized by scholars and Korean legal practitioners for not being an effective means of enforcing copyrights and for being overly cumbersome.  The new changes are a step in the right direction.  Korea promulgated on September 1, 2017 the revised Korean Trademark Act. The following are the major changes. Any party may file an action to cancel a a trademark for non-use under revised Korean Trademark Law This change shall, likely, increase the number of litigants.  Prior to this change, courts would require litigants to establish that the litigant is an “interested” litigant.  The change may cause an increase in litigation. Effect of Cancellation on the filing date of the non-use action no longer the cancellation decision under revised Korean Trademark Law. Prior to this change, the effect of cancellation was the date of cancellation decision, thus, limiting potential monetary damages for infringement during the

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