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IPR Committee Luncheon Meeting with the Ministry of Justice |
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 The EUCCK IPR Committee is hosting a luncheon meeting on "Protecting the Creativity, Innovation and Security of Korea's Foreign Business Community" with Mr. Cheol Kyu Hwang, senior prosecutor of the Ministry of Justice's International Criminal Division on September 19th at the Westin Chosul Hotel.
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Meeting Report with the Fair Trade Division, KCS |
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 Seoul, Sep. 15- The European Union Chamber of Commerce in Korea and the Korea Customs Service (KCS) discussed areas for further cooperation like in depth information exchange on Intellectual Property Rights (IPR) related matters at the EUCCK headquarters.
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Senior citizens and Children are to Benefit by Counterfeit Goods |
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 Seoul, Sep. 6- Due to the excessive amount of counterfeit items seized during enforcement operations, the Investigation Surveillance Division (ISD) of Korea Customs Service organized a meeting entitled “Advanced IPR Protection Strategy” the rightholders and other government and non-governmental agencies to exchange ideas on how to handle costs for disposing or recycling seized counterfeit items accumalatede over the enforcement period.
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 “Singapore’s IPR-related legislation falls in line with standards mandated by the World Trade Organization as the country is moving rapidly into a knowledge-based economy,” said the executive director of the European Chamber of Singapore during the ‘2nd European Business Organizations (EBOs) Regional Meeting Against Counterfeiting and Piracy’ held in Seoul, Korea last year. |
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 A recent poll of 5,661 people conducted by an online marketplace put Gucci at the top as the online consumer’s favorite luxury brand with 22.1 percent. All age groups from teenagers to those in their 70s loved the Italian leather goods brand. Louis Vuitton, Chanel, Burberry and Christian Dior followed with 15.9 percent, 13.2 percent, 7.4 percent and 6.2 percent. Other names in the top 20 included Cartier, Ralph Lauren, Ferragamo, Prada, Versace, Armani, Bulgari, Fendi, Bally, Escada, Etro, Celine, Hermes, Coach and Ermenegildo Zegna.
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 A number of trends have been discovered from the enforcement operations conducted by the Korea National Police Agency, that is undergoing the Intensive Enforcement operations against IPR Violations' until the end of next month. Korea National Police Agency announced a list of the most counterfeited brands in Korea based upon the intelligence gathered during the enforcement period.
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-Providing a ‘patent consulting service’ that visits the customers-
In order to support patent management of medium/small businesses more effectively, KIPO is starting its ‘Support Team for Patent Management of Medium/Small Businesses’ on September 1st.
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With the technology to develop an ultra-low-price TFT-LCD, a 30-inch product sold at USD 50-60 can be manufactured for USD 15 by the year 2010. Since 2004, Korea has chosen this technology as the next-generation’s motive power and has provided active support for commercialization.
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As social recognition of the importance of intellectual property improves, more and more people are showing an interest in inventions and patents, causing a rapid increase in the search rate for intellectual property.
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Recently, many companies are actively changing their CI (Corporate Identity), and following this trend, trademark applications are drastically increasing.
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Starting this September, KIPO (Commissioner: JUN, Sang Woo) is planning to launch an online service that provides information on material patents, after their exclusive rights have expired. This information will be provided to related industries such as drug companies.
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On July 14th, KIPO (Commissioner: JUN, Sang Woo) published a white paper covering the contents and accomplishments of ‘Brand Support Projects for Local Government’, which the agency has been promoting since 2002 to activate local economies by creating intellectual properties.
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In the 18th during the UFL period, KIPO (Commissioner: JUN, Sang Woo) launched a simulation training to test and evaluate how the office’s Crisis Recovery Center (located in the KIPO Seoul office) takes over major tasks usually handled by the Computer Center.
The basis for this simulation was that normal system operation was interrupted due to a crisis such as earthquake, fire, or cyber terrorism.
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Signing parties are Interpark, Interpark G-market, Daum onket, "mple online" and GS-estore. These five companies are ranking the 1st to 5th in terms of the market share in the domestic online market, except Auction with which Seoul Customs already signed an MOU last April 14. Their combined sales account for 45% of the total sales in Korea's internet market.
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North Korea is believed to earn $500-700 million per year by making and selling fake American and Japanese cigarettes, according to the East Asia and Pacific affairs at the US State Department.
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Number of counterfeit goods seized in first six months of 2006: 39 million pieces, valued at $8.5 million
Estimated losses by the Chinese film industry due to counterfeiting: $2.7 billion (2005)
DVDs sold in China that are fake: 93 percent
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An initiative to combat the proliferation of counterfeit goods -
including cigarettes - has been gaining momentum in Korea and elsewhere.
