Samsung shared over 100 patents with small South Korean firms this year to boost innovation.

Samsung Electronics shared over 100 patents with smaller South Korean businesses this year, part of a 2015-launched program aimed at promoting shared growth. So far, Samsung has shared 1,210 patents with 673 companies, helping them develop innovative products like biometric-based route recommendations and wireless data-sharing between TVs and smartphones. The Ministry of Trade, Industry and Energy supports this initiative to drive innovation among smaller firms.

November 12, 2024
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