ST HELIER, Jersey, March 5, 2012 /PRNewswire/ --
Development of new technologies and ongoing international expansion brings stronger need for global IP Rights management
Dongjin Semichem Co., Ltd, one of the world's leading producers of electronic materials and fine chemicals, has appointed CPA Global to manage renewals of the company's expanding international patent portfolio.
Under the agreement, CPA Global, the world's top intellectual property (IP) management and IP software specialist, will be responsible for Dongjin Semichem's existing patents and those currently under application, both in the domestic South Korean market and overseas.
Established in 1967 as a producer of chemical foaming agents, Dongjin Semichem has a proud history of technological development and diversification, and is today also a leading manufacturer of high-precision chemical materials for the semiconductor and Flat Panel Display industries.
Commenting on the agreement, the head of Dongjin Semichem's IP Department, Mr Ji-Hum Baik, said: "Innovation has been and continues to be at the centre of Dongjin Semichem's growth. From the very beginning, we've always recognised the value of protecting that innovation by making sure we have the appropriate patents in place. As we continue to develop new technologies and expand our operations around the world, it is increasingly important that we are able to secure, maintain and effectively manage our IP Rights. As a world leader in our field, it's natural that we should choose the world's leading IP management services provider to support us in this effort."
Mr Baik added that Dongjin Semichem would also be looking to utilise CPA Global's patent analysis and landscaping services to gain a broader understanding of IP-related developments, particularly competitor activity, in their specific industry sectors and geographic markets. In addition, Dongjin Semichem has instructed CPA Global to undertake a global trademark search project for the company.
Steve Kim, CPA Global's Director for Korea, said: "Dongjin Semichem is a great example of a Korean company that has developed into a truly global business with an impressive array of intellectual assets. We are delighted to be partnering with them as they continue their international expansion; and are honoured to have been entrusted to manage their valuable patent portfolio and to have been selected to work with them on other IP-related matters."
About Dongjin Semichem
Established in 1967, Dongjin Semichem Co., Ltd. is a manufacturer of high-precision chemical materials for semiconductors and Flat Panel Displays (FPDs), and is the world's biggest supplier of chemical foaming agents with a global market share of 35%. The company also produces energy-related materials such as solar cells, fuel cells, and secondary cells. Headquartered in Seoul, South Korea, Dongjin Semichem has domestic business operations sites in Hwasung, Inchon, Si-wha, and Pyung-taek, with overseas business units located in Indonesia, Taiwan, and China (Beijing, Qingdao, Shanghai, and Hefei).
About CPA Global
CPA Global is the world's top intellectual property (IP) management and IP software specialist, and a leading provider of legal services outsourcing (LSO). With offices across Europe, the United States, and Asia Pacific, CPA Global supports many of the world's best known corporations and law firms with a range of IP and broader legal services, helping them to manage risk, cost and capacity, and realise greater value for their businesses and their IP assets.
CPA Global assists its clients in managing their IP portfolios, including patents, designs and trademarks, ensuring that their IP Rights are protected, maintained and regularly reviewed in order to maximise value. Services include search, filing and renewals for patents and trademarks; trademark watching; portfolio valuation and optimisation; as well as IP management software. CPA Global is also a leading player in the emerging LSO sector, providing high quality and cost-efficient legal support services such as document review, transaction support, contract solutions, and legal research through delivery centres in the US, UK and India.
CPA Global was founded in 1969 in Jersey, Channel Islands, originally to manage patent renewals on behalf of numerous firms of patent attorneys. Today, the Company employs 1,500 people, serving clients' needs for IP management and broader legal support services in over 100 countries. For more information, please visit: http://www.cpaglobal.com
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SOURCE CPA Global