$400m verdict against Samsung a milestone for Korean university, but just the beginning of the battle 18 Jun 18
Last Friday, a jury in the Eastern District of Texas ordered Samsung Electronics to pay $400 million to the IP licensing arm of South Korea’s top technology university. KAIST IP US LLC, an affiliate of the Korea Advanced Institute of Science and Technology, saw its patent survive multiple IPRs and a dispute over its proper ownership en route to a courtroom victory over South Korea’s most prominent technology company. While US litigation watchers will be wary of a reversal on appeal, the big award signals that top Asian university IP owners like KAIST cannot be ignored.
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