Samsung's new U.S. display patents firm designed to satisfy the ITC's domestic industry requirement
Over the weekend Samsung announced that its display making group has invested $25 million dollars in creating the Intellectual Keystone Technology which bought up a lot of patents from Epson. Some argued that this would be a patent troll but the author of this article thinks this is legitimate for the following reasons:
- It is not a shell company that will be used exclusively just to hold patents. Samsung has been extremely transparent and has shown this company will actually create products and not just sue other companies than avoid being counter-sued because they don't product products.
- The main reason Samsung created IKT is to satisfy the domestic industry requirement of the ITC which helps a lot in litigation.
- This deal strengthens Samsung in terms of display patents and will allow them to operate with a lot more clout within the intense patent world.
- Overall, this is a great move for Samsung because they are now able to do in-bound licensing and out-bound licensing.
Bottom Line:
The bottom line here in reference to patent wars is that Samsung seems genuine in creating this entity and I don't believe they will use it to just sue others and as a patent troll. They have been very clear about their intentions and it is a strategically sound move. I believe this is overall positive for the patent wars because it establishes more trust between consumers and companies and also places pressure on other companies to not create entities solely to sue others.
YouTube Link: https://www.youtube.com/watch?v=1ju2rp8qCNc
YouTube Link: https://www.youtube.com/watch?v=1ju2rp8qCNc
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