South Korea

New Trademark Procedures in Korea - Essential Considerations for Businesses

New Trademark Procedures in Korea – Essential Considerations for Businesses

In October 2023, South Korea enacted a new trademark law aimed at introducing greater flexibility to its stringent trademark registration process, which historically mandated complete uniqueness for later-filed marks compared to existing marks. The existing law in Korea dictated that a later-filed mark, resembling a senior mark already registered with the Korean Intellectual Property Office (KIPO), would face rejection. This necessitated the implementation of the “assign back” system. Under the “assign back” system, the rejected later-filed-similar mark, referred to as [...]

South Korea to work closely with the Middle East in IP matters, South Korea to work closely with the Middle East, KIPO work closely with the Middle East in IP matters,

South Korea to work closely with the Middle East in IP matters

The Korean Intellectual Property Office (KIPO) is actively working to strengthen collaboration in the intellectual property field with agencies in the Middle East. KIPO Commissioner Insil Lee held meetings with officials in Saudi Arabia and the United Arab Emirates during her official visit to the region. The discussions led to agreements to implement a training program for UAE patent examiners developed by KIPO. The collaboration also includes efforts to assist startups and small enterprises, integrate artificial intelligence (AI) into the [...]

Korea Copyright Commission opens copyright museum in South Korea to increase copyright awareness, Korea Copyright Commission opens copyright museum in South Korea, copyright museum in South Korea to increase copyright awareness,

Korea Copyright Commission opens copyright museum in South Korea to increase copyright awareness

The National Copyright Museum in Jinju, South Gyeongsang, was officially opened through a collaborative initiative between the Ministry of Culture, Sports and Tourism and the Korea Copyright Commission. This newly established government-operated museum aims to provide diverse hands-on experiences for young Koreans, enabling them to easily comprehend matters related to copyright. During the inauguration ceremony, Minister of Culture, Sports and Tourism Yu In-chon highlighted the essential nature of safeguarding the rights of creators as a fundamental requirement for advancing culture, [...]

Intellectual property surplus reaches a new record high in South Korea

Intellectual property surplus reaches a new record high in South Korea

In the first half of this year, South Korea’s intellectual property surplus increased to a new high due to a smaller industrial property rights deficit. South Korea sets a new record for its intellectual property surplus According to the Bank of Korea, trade in intellectual property rights achieved a record surplus of 370 million US dollars from January to June, surpassing the previous high of 350 million dollars in the second half of 2019. It decreased from a deficit of 1.21 billion [...]

Hong Kong in collaboration with Japan and South Korea to fight IP violations, Hong Kong in collaboration with Japan and South Korea, Japan and South Korea, Hong Kong Customs, Japan and South Korea to fight IP violations,

Hong Kong in collaboration with Japan and South Korea to fight IP violations

Hong Kong Customs has signed a Memorandum of Understanding (MoU) with the Content Overseas Distribution Association (CODA) in Japan and the Copyright Overseas Promotion Association (COA) in South Korea in the wake of the IP infringement contents of these 3 countries are currently at large in the Asia region.  Nowadays, with the overcovering of the Internet worldwide, the people from one jurisdiction are not limited to the contents of that jurisdiction anymore. Rather, one user from one country will be [...]

Korea: Collective mark right for a geographical indication, Collective mark right for a geographical indication, Collective mark right, geographical indication

Korea: Collective mark right for a geographical indication

A geographical indication enables one business to exclude other competitors from using a certain mark, but unlike a trademark, it has no “exclusive owner.” Both a trademark and a geographical indicator serve the purpose of displaying the origin and quality of goods in relation to company earnings while also gaining intellectual property protection. Based on these parallels, some nations protect geographical indicators as a trademark under a trademark and geographical indication protection statute, while others protect geographical indications as a [...]

INTA published Unfair Competition Laws Quick Guide, Unfair Competition Laws, Unfair Competition Laws Quick Guide, INTA’s Unfair Competition Committee

INTA published Unfair Competition Laws Quick Guide

On September 14, 2021, INTA’s Unfair Competition Committee (UCC), Policy Subcommittee voted to approve a Board Resolution, prohibit various forms of unfair competition even though the national statutes or governing laws are diverse in nature. Specifically, the data in the Unfair Competition Quick Guide covers 24 countries, including those in the Americas, Asia, Europe, and the Middle East. Sponsored by INTA’s Unfair Competition Committee (UCC) —Policy Subcommittee, the resolution focuses largely on obligations contained in the TRIPS Agreement and is a [...]

The 8th BPIP Annual Conference starts on October 25th 2021, Best Practices Intellectual Property

The 8th BPIP Annual Conference starts on October 25th, 2021

The 8th Best Practices Intellectual Property (BPIP) Annual Conference is about to be commenced on October 25th, 2021 in Sheraton Hotel, Tel Aviv. This conference will bring global decision-makers and international IP experts to Tel Aviv both physically and spiritually through the internet to discuss global issues on IP, trends, and legislation regarding IP matters. Participating in the virtual BPIP conference, brand owners and practitioners from across the world can get the latest update on IP matters in the world, [...]

South Korea reported a surplus in intellectual property rights commerce 1

In the first half of the year, South Korea reported a surplus in intellectual property rights commerce

According to central bank data, South Korea had a surplus in the trade of intellectual property rights in the first half of this year, as copyright exports rose. A surplus in intellectual property rights commerce According to preliminary statistics from the Bank of Korea, the nation’s intellectual property account surplus was US$850 million in the first half, compared to a deficit of $1.11 billion in the second half of previous year. It was the first six-month surplus since the nation reported a [...]

KIPO sets up a special department to prevent the leakage and infringement of key technologies, KIPO sets up a special department, Technology & Design Police Division, IP Investigation Division, KIPO

KIPO sets up a special department to prevent the leakage and infringement of key technologies

Due to the increasing number of infringement activities in South Korea overall and the need to develop the IP enforcement mechanism in the country, KIPO Commissioner Kim Yong-Rae has announced the establishment of a separate SJP whose main purpose is to prevent the leakage and the infringement of key technologies that are core to national industrial competitiveness. Since the beginning, KIPO has consistently ranked as one of the highest offices in Asia for its approach to innovation. Specifically, this IP [...]

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