SEOUL, KOREA-- 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 recognized 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 honored to have been entrusted to manage their valuable patent portfolio and to have been selected to work with them on other IP-related matters."