Taiwanese to Form Patent Bank to Defend Local Companies

Quasi-government patent trove aimed at staving off attacks on LCD and smartphone industries

3 min read

6 October 2011—The ongoing patent infringement war between Apple and Taiwanese smartphone giant HTC—and the increasing number of entanglements involving Taiwanese LCD panel makers—has prompted the Taiwanese government to accelerate plans to retune its patent system. Draft guidelines for a national intellectual property (IP) strategy are set to be finalized in November and are expected to include a controversial item: a "patent bank," partially sponsored by the government, which would back Taiwanese multinational manufacturers facing patent disputes from foreign companies.

The quasi-government agency, the Industrial Technology Research Institute (ITRI), announced plans for the IP bank on 1 September, saying that it could be similar to existing defensive patent aggregators such as RPX Corp. and Allied Security Trust. Such patent-aggregation companies aim to buy out all the patents that might be asserted against their members.

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Asad Madni and the Life-Saving Sensor

His pivot from defense helped a tiny tuning-fork prevent SUV rollovers and plane crashes

11 min read
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Asad Madni and the Life-Saving Sensor

In 1992, Asad M. Madni sat at the helm of BEI Sensors and Controls, overseeing a product line that included a variety of sensor and inertial-navigation devices, but its customers were less varied—mainly, the aerospace and defense electronics industries.

And he had a problem.

The Cold War had ended, crashing the U.S. defense industry. And business wasn’t going to come back anytime soon. BEI needed to identify and capture new customers—and quickly.

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