Chinese courts have focused more on handling intellectual property cases involving new technologies last year, with harsher punishment against those infringing upon IP rights, China's top court said. Punitive damages were applied in 319 of the cases, up 117 percent year-on-year, with a total awarded amount reaching 1.16 billion yuan, increased by 3.5 times from the previous year, the data …
India witnessed a significant increase in patent filings in FY22 with a 13.6 per cent growth rate, the highest annual increase in the last decade. A report showed that the year witnessed a rise in the share of domestic filings to 44.4 per cent of total patents filed, compared to 41.6 per cent in FY2021, according to Nasscom which released …
Intel has agreed to a $9 billion deal to sell most of its memory business to South Korea’s SK Hynix as it moves toward more diverse technologies while shedding a major Chinese factory at a time of deepening trade friction between Washington and Beijing. According to the plan confirmed by the companies on Tuesday, SK Hynix will acquire Intel’s NAND …
The Council of Indian Institutes of Technology, the governing body of all the IITs, has approved eight COVID-19 related projects submitted by the IIT Kharagpur and the first phase of the projects is expected to start immediately after the lockdown is relaxed. List of projects approved by IIT Council: Other projects approved by the IIT Council included real-time PCR machine, …