On February 20, WILUS CEO Dr. Jin Sam Kwak spoke at the IPBC Korea conference in Seoul, appearing on a panel focused on patent pools titled “Beyond bilateral licensing”.
Dr. Kwak discussed the role that patent pool participation has played in making WILUS a success story for Korean innovation. Through membership in several market-leading pools, WILUS has obtained independent validation of its patents’ essentiality to global standards and made its innovations available to hundreds of licensees around the world. The resulting revenue, along with royalties from various bilateral licensing activities, supports the ongoing participation of WILUS experts in standards development.
IPBC is an international conference series focused on IP value creation. The event was hosted with support from the Korea Intellectual Property Association (KINPA).
Further information can be found at the link below.
On February 18, WILUS CEO Dr. Jin Sam Kwak participated as a speaker in a webinar hosted by the Licensing Executives Society International (LESI), sharing insights on creating and managing standard essential patent portfolios.
Dr. Kwak provided WILUS’ perspective as a leading independent R&D lab that has generated more than 3,500 patents across nine SEP portfolios as a result of innovative contributions to wireless and multimedia technologies.
The webinar, “Best Practices for SEP Holders”, was part of LESI’s Thought Leadership Program, a learning series for licensing professionals. LESI is an industry association focused on the business aspects of IP, with thousands of members globally.
Further information can be found at the link below.
We are delighted to share that Wilus has been recognized as one of the Asia IP Elite 2024 by Intellectual Asset Management (IAM), an international intellectual property related information media published by Law Business Research Limited (London, UK).
The Asia IP Elite honors organizations across Asia that excel in IP strategy, innovation, and value creation. Among 93 companies, including 11 from South Korea, Wilus is proud to be named a new entrant to the Asia IP Elite for 2024.
At Wilus, our commitment to fostering innovation and upholding intellectual property rights drives our mission. We remain dedicated to developing standards and continuing the innovation to contribute to a brighter future.
Stay tuned for more update!
- Related link 1: The IAM Asia Elite of 2024
- Related link 2: IPBC Asia
We are pleased to share that Acer has secured a license to WILUS’ foundational portfolio of Wi-Fi 6 standard essential patents through a recent agreement with the Sisvel Wi-Fi 6 patent pool. The addition of Acer as a licensee represents a significant step forward for the Sisvel Wi-Fi 6 licensing program, in which WILUS is a founding patent owner.
This development brings an end to relevant litigation that had been pending between WILUS and Acer and underscores WILUS’ commitment to amicable resolutions, with legal action as a last resort.
WILUS video codec expert Dr. Kyungyong Kim attended the 2024 Summer School webinar held by the MPEG New Media Forum and KIBME on July 31, 2024, and presented on the concept of Transform & Quantization in video codecs. The full title of the session and a link with further information can be found below.
Session 1. The basic concept of video compression and core technologies, "Concept of Transform & Quantization and Core Technologies"
- KIBME: The Korean Institute of Broadcast and Media Engineers