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IPO Daily News™

Monday, 25 June 2018

25 June 2018

IPO PUBLISHES TOP 300 PATENT OWNERS LIST

This morning IPO published its 2017 Top 300 Patent Owners List. The list reports the 300 companies that received the most U.S. utility patents in calendar year 2017. Subsidiary company patents are attributed to the total for the parent company if the parent requested that the totals be combined. The five companies with the most patents in 2017 are: International Business Machines Corp. (8,996), Samsung Electronics Co., Ltd. (5,810), Intel Corp. (3,726), Canon K.K. (3,664), and Alphabet, Inc. (3,065).

Andrei Iancu

USPTO DIRECTOR TO GIVE KEYNOTE ADDRESS AT IPO ANNUAL MEETING

Under Secretary of Commerce for Intellectual Property and Director of the U.S. Patent and Trademark Office ANDREI IANCU will give the keynote address on Monday, 24 September during the IPO Annual Meeting. The meeting will be held at the Hyatt Regency Hotel in Chicago, Illinois from 23-25 September. For more information and to register, visit www.ipo.org/am2018.

IPO ATTENDS WHITE HOUSE SIGNING CEREMONY FOR TEN MILLIONTH U.S. PATENT

Last week U.S. President DONALD TRUMP signed the ten millionth U.S. patent at the White House. During the signing ceremony, President Trump congratulated inventor JOSEPH MARRON for his invention and praised all the inventors of the 999,999 patents that had come before for their creativeness and innovative contributions. Trump highlighted the importance of the patent system to the success and growth of the U.S. economy. Mr. Marron, an employee of IPO member Raytheon Co., was joined at the ceremony by Raytheon CEO THOMAS KENNEDY, USPTO Director ANDREI IANCU, Secretary of Commerce WILBUR ROSS, IPO Executive Director MARK LAUROESCH, and several other government agency representatives.

President Donald J. Trump signs the 10 millionth United States patent Tuesday, June 19, 2018, for inventor Joseph Marron and patent assignee Raythin Company for a “Coherent LADAR using intra-pixel quadrature detection which improves laser detection and ranging, in the Oval Office of the White House. (Official White House photo by Shealah Craighead)

 

****U.S. SUPREME COURT HOLDS PATENT ACT SECTION 271(F) ALLOWS PATENT OWNERS TO RECOVER LOST FOREIGN PROFITS

WesternGeco, LLC v. ION Geophysical Corp. — On Friday, as reported in a special edition of the Daily News, the U.S. Supreme Court overturned a Federal Circuit decision vacating the award of lost foreign profits to WesternGeco. The patents claimed systems for searching beneath the ocean floor for oil and gas. Based on the presumption against territoriality, the Federal Circuit found Patent Act section 271(f) did not allow patent owners to damages for lost profits outside the U.S.

The Supreme Court found that the presumption against extraterritoriality did not apply because the “conduct relevant to the statutory focus was domestic.” The purpose of Patent Act section 284, which governed patent damages, was “to ‘affor[d] patent owners complete compensation’ for infringements.” The infringement at issue, ION’s exportation of components from the U.S. for assembly abroad, occurred within the U.S., and “the lost-profits damages that were awarded to WesternGeco were a domestic application of § 284.” The Court’s holding is consistent with IPO’s amicus brief in the case, which argued that lost profits were available to compensate for infringement under 35 U.S.C. §271(f), including foreign lost profits, when the patentee proved the acts of domestic infringement caused the foreign lost profits and that the Federal Circuit applied an unduly rigid rule on the sole basis that extraterritorial activity was involved.

Justice GORSUCH filed a dissenting opinion joined by Justice BREYER.
(1 to 4 stars rate impact of opinion on patent & trademark law)


Law & Advocacy

Friday, February 21, 2014

2014 USPTO BUDGET WILL ALLOW HIRING, SATELLITE OFFICES

During the quarterly meeting of the USPTO’s Patent Public Advisory Committee (PPAC), Chief Financial Officer TONY SCARDINO reported that the 2014 appropriations bill signed in January funds the USPTO at $3.024 billion – $90.8 million above the fiscal 2013 enacted level and $238.3 million above the fiscal 2013 sequestration level. The budget will allow the USPTO to hire 1,000 patent examiners and 63 administrative patent judges and provides funding related to opening satellite offices in San Jose, Denver, and Dallas. Projected 2014 spending is estimated at $2.948 billion. The White House will release its fiscal 2015 budget on March 4.


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