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.

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