ITRI Organizes IP Bank(2011/7)

July 18th, 2011 | Categories: 2011 | Tags:

Source: http://cens.com/cens/html/en/news/news_inner_36943.html
Taipei, July 18, 2011 (CENS)–Under the instruction of the Ministry of Economic Affairs (MOEA), the semi-official Industrial Technology Research Institute (ITRI) is organizing an IP (intellectual property) bank, in order to help domestic firms cope with international patent litigation.

With a paid-in capital of NT$500 million, the projected institution has been approved by the board of directors and supervisors of the ITRI and will be set up soon. The ITRI will fund the operation of the IP bank initially before soliciting the participation of domestic firms in the fields of smart phones, electric cars, flat display panel, and biotech.

The organization of the institution is prompted by the frequent outbreak of international patent litigation haunting domestic firms, especially in the fields of information/communications technology, in recent years, such as the recent charge of patent infringement filed by Apple against HTC, the leading Taiwanese smart-phone maker, which has been upheld by the U.S. ITC (International Trade Commission) in its initial ruling.

For the HTC case, the MOEA has also instructed the ITRI to check its stable of patent rights and transfer related patents, should they exist, to HTC to support it in the patent dispute with Apple.

The projected IP bank is patterned after the practice in South Korea and Japan, whose governments have been systematically helping their enterprises in undertaking patent deployment in recent years. Initially, the IP bank will focus on the protection of emerging industries vulnerable to international patent litigation, such as FPD, smart phone, electric car, and biotech.

The IP bank can offer versatile functions, including helping domestic industries undertake patent deployment and application in the up-, mid- and downstream sectors; patent analysis, deployment, and purchase; and IP transfer to domestic firms in coping with charge of patent infringement.

(by Philip Liu)

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