Taiwan set up LED counterclaim fund against international LED infringement war

[High-tech LED News] In July, Taiwan Industrial Technology Research Institute approved the establishment of the IP Bank Management Company with a capital of 50 million yuan. Currently, it is currently providing professional management talents. It is expected to be formally established by the end of August.

IP BANK will initially set up a "countersuit-type" fund for high-risk risk-related industries such as smart handheld devices and LEDs. The fund size will be about 300 million to 500 million NT dollars in order to cope with the international intellectual property rights war, and establish a "letter type" in the medium and long term. With "layout type" funds.

The Ministry of Economic Affairs said that IP BANK is positioned as a private company and has recently launched a fundraising plan for Taiwanese companies. The Ministry of Economic Affairs said that panel makers, smart phones and other operators have been attacked by international infringement wars in the past, and their willingness to participate is high.

However, because IP is a sensitive issue, there are also practitioners who are not willing to participate in the same fund as their peers in practice. Therefore, ITRI will design different types of funds to allow operators to make choices.

In addition, Minister of Economy Shi Yanxiang will hold a patent strategy report in August and September to assist Taiwan's advantageous industries to make early patent layouts.

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