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China's alleged Korean trademark piracy surges during COVID-19

Korea Economic Daily LogoKorea Economic Daily1 mo ago

China's alleged Korean trademark piracy surges during COVID-19 - Korea Economic Daily

Quick Summary:

Instead, its new logo for Chinese customers comes only with Korean letters.“It was a painful lesson,” said the company official.“We have registered our trademark in Taiwan and other countries ahead of others.”It is aiming to enter China in the first half of this year.

But a lower court in China rejected the lawsuit filed by the little-known Korean brand.“There is a lack of legal systems in China that allow companies to react sternly to ill-intentioned trademark piracy,” said Um Myeong-yong, a patent attorney at patent firm Dahai.

Also, several other Chinese companies have registered the translated Chinese name of Life4Cuts.“Because of their trademark infringement, we had to revise our strategies to enter the Chinese market from the scratch,” said an official of the Korean startup.


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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-02-07 @ 17:20:51 (1 months ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 513 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 5276204

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Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 2 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 9 hours ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #91

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