Samsung Electronics Transfers 276 Unused Technologies To SMEs

Samsung Electronics Transfers 276 Unused Technologies To SMEs

As we speak, the Ministry of Commerce, Business, and Vitality of South Korea introduced that Samsung Electronics will switch 276 patented applied sciences to small and medium-sized companies freed from cost this 12 months.

Significantly, the Ministry issued an announcement, during which we learn that they accepted purposes from small and medium-sized enterprises (SMEs) wishing to get 276 patents owned by Samsung Electronics without spending a dime. Samsung Electronics will begin the switch on Might 11 and end it on Might 13.

In reality, this isn’t the primary time {that a} tech large transfers its unused applied sciences to SMEs. The Ministry of Commerce, Business, and Vitality has been conducting such technology-sharing actions since 2013. There have been as much as 25 giant firms, together with Samsung Electronics, that shared their applied sciences with smaller corporations. In complete, 1043 SMEs acquired 2402 patented applied sciences till final 12 months.

Additional studying: Samsung Patented New Partially Folding Display Smartphone Design

How Do SMEs Profit From These Transfers

Our readers may assume if Samsung considers it ineffective, what a profit they are going to convey to smaller firms. Nevertheless, a South Korean firm, a producer of computerized exterior defibrillators (AED), beforehand developed the world’s first Web of Issues (IoT)-based built-in monitoring system. What’s extra vital, it used Samsung Electronics’ “service sharing over community” expertise freed from cost. One other firm designed smartphone-controlled mailboxes developed by transferring Samsung Electronics’ OTP-based safety authentication (Bluetooth sensible key) expertise.

Samsung Electronics determined to moreover switch 276 unused patent applied sciences in 7 sectors this 12 months. These patents embrace 140 applied sciences for the cell system sector, 45 applied sciences for the communication/community sector, 34 for semiconductors, 27 for shows, 15 for residence home equipment, 10 for medical gadgets, and 10 for audio/video.

“It is a chance for our SMEs to attain progressive progress through the use of the expertise developed by Samsung Electronics, a world-class firm,” stated Roh Geon-ki, director of business expertise convergence coverage on the Ministry of Business.

Samsung Shared Extra Unused Applied sciences Earlier than

Previous to this, Samsung Electronics transferred way more applied sciences to SMEs. As an example, final 12 months, it shared its 505 patented applied sciences with native small and medium enterprises. There have been 213 cell applied sciences, 68 semiconductor applied sciences, 68 show applied sciences, 45 telecommunications applied sciences, 31 medical gear applied sciences, and others.

A 12 months earlier, in 2020, the South Korea-based first-tier tech firm transferred 135 applied sciences freed from cost to 78 SMEs affected by the COVID-19 disaster.

“The applied sciences that can be transferred this time embrace these associated to synthetic intelligence and sensible gadgets. We count on that they are going to assist SMEs develop convergence merchandise or non-face-to-face providers.”

In reality, “Know-how Sharing” is a particular venture aiming at shared progress between giant and small firms.