Samsung Electronics Transfers 128 Patents to Enhance Technological Collaboration

Samsung Electronics has successfully transferred 128 patents to 85 companies during a recent technology sharing event. Key innovations shared include methods for optimizing travel routes and enhancing display controls based on biometric data. Since 2015, Samsung has shared over 6,800 technologies contributing to cooperative growth between large and small enterprises.

On November 12, the Ministry of Trade, Industry and Energy held the “2024 Ministry of Trade, Industry and Energy-Samsung Electronics Technology Sharing Event” at the Seoul Samjung Hotel. This significant event saw participation from 68 companies that have benefitted from Samsung Electronics’ extensive technology sharing initiative. In 2023, Samsung Electronics offered a total of 231 technologies, successfully transferring 128 patents to 85 enterprises. Among the key patents shared were the “Route Recommendation Method,” designed to optimize travel routes based on both user biometric data such as heart rates and relevant geographical information, and the “Display Control Method,” which utilizes eye tracking to perform functions through simple eye movements. Furthermore, the “Wireless Network Access Method” highlights the innovative capability that enables seamless sharing of content between devices with a mere touch of a smartphone to an RFID tag on a smart television. Since initiating its technology sharing program in 2015, Samsung Electronics has made substantial contributions, transferring 1,210 patents to a total of 673 companies, amounting to a remarkable 6,808 technologies shared overall. The Ministry of Trade, Industry and Energy noted that Samsung Electronics exemplifies superior performance in terms of both the volume of technologies shared and the number of beneficiary companies. In acknowledging this achievement, the Ministry remarked, “Samsung Electronics shows the most outstanding performance among participating institutions in terms of the cumulative number of technology provisions, the number of transferred technologies, and the number of beneficiary companies.” They aspire to continue supporting small and medium-sized enterprises to foster innovative growth through these sharing initiatives.

The event and technology sharing initiative by Samsung Electronics are part of a broader strategy by the Ministry of Trade, Industry and Energy to foster collaboration between large corporations and small to medium-sized enterprises. This approach aims to enhance innovation and encourage the development of new technologies and products within the industry, bridging gaps and promoting a cooperative ecosystem. The establishment of such programs has proven beneficial in facilitating knowledge transfer and improving the competitive edge of smaller enterprises within the technological landscape.

In conclusion, Samsung Electronics’ commitment to technology sharing this year has resulted in the transfer of 128 patents to 85 companies, contributing significantly to cooperative growth between industries. As ongoing efforts establish a robust support system for small and medium enterprises, this initiative reflects both technological advancement and a commitment to collaborative development within the technological sector. The Ministry’s continued support aims to further drive innovation and encourage new business developments across the industry.

Original Source: www.businesskorea.co.kr


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