KCC Receives Minister of Trade, Industry and Energy Award at the ‘2024 Corporate Intellectual Property Awards’

KCC has demonstrated its capabilities in patents and intellectual property.

On the 21st, KCC announced that it received the Minister of Trade, Industry and Energy Award in the corporate category at the ‘2024 Corporate Intellectual Property Awards’.

The ‘Corporate Intellectual Property Awards’ is the most prestigious award in Korea, hosted by the Korea Intellectual Property Association, given to companies that have contributed to national industrial development by strengthening their intellectual property capabilities and spreading intellectual property know-how.

KCC Deputy Director Kang Kyung-hoon (right) of the Central Research Institute and Kim Wan-gi, Commissioner of the Korean Intellectual Property Office, are posing for a commemorative photo after receiving the Minister's Award at the 2024 Corporate Intellectual Property Awards. (Photo by KCC)

KCC holds intellectual property rights, including approximately 6,600 patents in about 85 countries worldwide, proving its competitiveness in the global market. It continuously expands its R&D investment costs, including intellectual property management and operation expenses, every year to focus on developing eco-friendly and energy-saving products. It is also concentrating on discovering future growth engines through the development of next-generation materials such as batteries, semiconductors, and ceramics.

KCC optimizes the patent application and management process through its in-house patent management system, KIPS (KCC Intellectual Property System). By thoroughly analyzing industry technology trends at each stage of technology development, it identifies technology gaps and carefully reviews to ensure that its technologies do not infringe on other companies’ patents.

The accumulation of this process not only strengthens KCC’s competitiveness in intellectual property rights and serves as important foundational data to increase future growth potential but also plays a role in preventing unintended legal risks in advance.

Additionally, KCC conducts patent search methodology and patent roadmap training annually for research and technical staff to advance employees’ intellectual property capabilities. Since 2014, it has published a patent journal to share information related to intellectual property rights disclosed and registered by the company, and systematically establishes and executes patent strategies through collaborative meetings with related departments such as the patent team, research technology team, and production team.

Previously, in 2021, KCC was recognized for its excellence in the intellectual property field by receiving the Commissioner of the Korean Intellectual Property Office Award for Corporate Intellectual Property Masters. Through building cooperative relationships with various business partners and continuing joint research, it achieved the result of receiving the Minister of Trade, Industry and Energy Award this time.

Kang Kyung-hoon, Deputy Director of KCC Central Research Institute, said, “This award is the result of continuous efforts under the technology operation policy that intellectual property is KCC’s core asset,” adding, “We plan to actively utilize artificial intelligence (AI) technology in intellectual property activities going forward.”

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