Category: Intellectual Property News
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Franchise Industry Voices Concerns Over Upcoming Law Changes
As the countdown to the implementation of the revised Franchise Business Act approaches, the Korean Franchise Industry Association (KFIA) has raised significant concerns regarding the recent changes proposed in the law. With only six days remaining until the deadline for public feedback on the legislative draft, the association convened a press conference on October 8th…
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Franchise Association Calls for Comprehensive Overhaul of Franchise Business Law Amid Concerns of Representation
On October 8th, Na Myung-seok, the President of the Korea Franchise Industry Association, held a press conference at the association’s headquarters in Yeouido, Seoul, urging the Fair Trade Commission (FTC) to comprehensively revise the proposed amendments to the Franchise Business Act. The association’s call for reform comes in light of the new provisions regarding the…
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Franchise Association Raises Concerns Over Potential Disputes from New Regulations
On September 8, 2026, at a press conference held in Yeouido, Seoul, Nam Myung-seok, the president of the Korea Franchise Industry Association, expressed deep concerns regarding the recently proposed amendments to the Franchise Business Act. The amendments, which include new requirements for the registration of franchisee associations, have raised alarms among industry stakeholders. The association…
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Kim Soo-hyun Triumphs in 10 Billion Won Advertising Lawsuit Against Mido
In a significant legal victory, South Korean actor Kim Soo-hyun has emerged victorious in his ongoing advertising dispute against the Swiss watch brand Mido. This lawsuit, which involves a claim of approximately 5.77 billion won, marks the first successful outcome for Kim’s agency, Gold Medalist, in what has been a tumultuous legal battle over advertising…
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First Generation Coffee Brands Embrace Budget Market to Revitalize Their Presence
In recent years, the landscape of the coffee market in South Korea has undergone significant transformations, particularly in response to the rising cost of living and an increasing consumer preference for value-driven products. Once dominating the industry with premium offerings and expansive storefronts, first-generation coffee brands are now shifting their focus towards the burgeoning budget…
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Revolutionizing Patent Analysis with AI Powered Solutions
In a significant advancement for the realm of intellectual property management, Anifive, led by CEO Kim Ki-jong, is set to unveil its next-generation patent analysis solution, IP-Force, next month. This innovative tool harnesses the power of artificial intelligence to systematically analyze and manage the vast patent data held by corporations, research institutes, and universities. IP-Force…
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Strengthening the K-Seafood Brand Against Counterfeiting in Global Markets
On the 4th of this month, a pivotal meeting took place at the Korea Intellectual Property Protection Agency in Gangnam, Seoul, organized by the Korean Intellectual Property Office (KIPO) in collaboration with the Ministry of Oceans and Fisheries. This assembly, aimed at establishing a cooperative framework for the protection of K-seafood brands, comes in response…
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KIT Receives Presidential Award for Innovation in Small Business Technology
On the 4th of this month, the National Institute of Toxicological Research (KIT) was honored with a Presidential Award during the ‘2025 Small and Medium-sized Enterprises Technology and Management Innovation Awards Ceremony’ held by the Ministry of SMEs and Startups. This prestigious recognition is awarded to institutions that have achieved remarkable outcomes in supporting technology…
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American Firm Initiates Trade Lawsuit Against Multiple Companies for LCD Patent Infringement
In a significant move within the technology sector, BH Innovations, a firm believed to specialize in intellectual property management, has filed a trade lawsuit against several prominent companies, including LG Electronics, TCL, and Hisense, over alleged infringement of its LCD patents. The complaint, submitted to the United States International Trade Commission (ITC), highlights the use…
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US Company Files Complaint Against LG Electronics for Alleged LCD Patent Infringement
In a significant development within the realm of international trade and intellectual property rights, a U.S.-based company, identified as BH Innovations LLC, has initiated legal proceedings against several prominent electronics manufacturers, including LG Electronics, in the U.S. International Trade Commission (ITC). This lawsuit, which claims infringement of BH Innovations’ liquid crystal display (LCD) patents, underscores…