Samsung Electronics to Share 505 Technologies Free of Charge with Small and Medium Enterprises

[Image source=Yonhap News]

[Sejong=Asia Economy Reporter Kwon Haeyoung] Samsung Electronics will share over 500 unused technologies in key areas such as mobile devices and semiconductors with small and medium-sized enterprises (SMEs) free of charge.

The Ministry of Trade, Industry and Energy announced on the 7th that it will open the '2021 Ministry of Industry-Samsung Electronics Technology Sharing' program. Technology sharing, which began in 2013, is a project that transfers unused technologies owned by large companies to SMEs free of charge.

This year, Samsung Electronics will disclose a total of 505 technologies through technology sharing, including 213 in mobile devices, 68 in semiconductors, 68 in displays, 45 in communications and networks, and 31 in medical devices. Once technology transfer is confirmed, patent rights and others can be received free of charge.

Last year, a total of 444 technologies were transferred to 226 SMEs with the participation of Samsung Electronics, POSCO Group, and others.

Companies wishing to participate in technology sharing can apply by the 10th of next month according to the project announcement posted on the websites of the Ministry of Trade, Industry and Energy or the Korea Institute for Advancement of Technology.

The Ministry of Trade, Industry and Energy plans to promote technology sharing in the second half of the year with the participation of POSCO, LS Electric, Korea Hydro & Nuclear Power, Korea Water Resources Corporation, and others to benefit more SMEs.

This content was produced with the assistance of AI translation services.