Gyeonggi Province to Recruit Companies for Free Transfer of 200 Samsung Electronics Patents

[Suwon Ilbo=Reporter Park No-hoon] Gyeonggi Province and the Foundation Gyeonggi Technopark announced on the 4th that they will recruit 200 small and medium-sized enterprises (SMEs) and venture companies in the province to receive ownership of 200 patents held by Samsung Electronics free of charge.

This project is part of the 2021 Technology Transaction Promotion Network Project, designed to transfer unused patents held by large corporations to SMEs and venture companies to enhance the technological competitiveness of small and medium-sized enterprises and to spread a culture of mutual growth between large and small enterprises.

The patents to be shared include a total of 200 patents across seven fields including home appliances, displays, mobile devices, and semiconductors, such as 'facial recognition device and its control method' and 'semiconductor wafer analysis system.'

While ownership rights are transferred free of charge, the recipient companies must bear the costs of rights transfer registration and administrative expenses.

The patent expiration dates for each patent right range from 2022 to 2032, and after expiration, the patents will be open for anyone to use.

Gyeonggi Technopark plans to match one company to each patent, and will examine the core technology capabilities and commercialization capabilities of applicant companies to finalize the transferee companies by May and transfer ownership.

Companies wishing to participate should prepare required documents including an application form and submit them online to the contact person's email (techfree@gtp.or.kr) from the 5th until 6 p.m. on April 9.

This free patent transfer from Samsung Electronics is being carried out in accordance with the 'Gyeonggi Province-Samsung Electronics Co., Ltd. Win-Win Cooperation Promotion Business Agreement' signed on December 30 last year.

At the time, Governor Lee Jae-myung of Gyeonggi Province and Lim Hyun-seok, representative director of Samsung Electronics Co., Ltd., agreed to cooperate by investing a total budget of 20.972 billion won in seven projects across three fields—▲creating smart work environments, ▲establishing a venue for sharing excellent technologies, and ▲supporting export promotion for outstanding companies—over two years from 2021 to 2022.

Choi Seo-yong, Director of Science and Technology Division of Gyeonggi Province, stated: "This project will be an opportunity for companies in the province to receive coaching and consulting on technology by transferring selected excellent technologies from large corporations," and added, "I hope that the patents, experience, and capabilities held by Samsung Electronics will be transferred to small and medium-sized enterprises in the province so that a mutually beneficial and coexistent economic ecosystem is maintained."

For more information regarding applications, refer to the notices section of the Gyeonggi Province Office website (www.gg.go.kr) and the general notices section of the Gyeonggi Technopark website (www.gtp.or.kr) or the announcements section of the Gyeonggi Technology Market website (http://ggtech.or.kr).