Intellectual property

Chinese appliance maker Gree Electric is increasing its investment in talent acquisition, onboarding over 5,400 university graduates this year, following 6,000 last year. Chairwoman Dong Mingzhu emphasizes the critical role of talent and Gree’s significant investment in young employees, estimated at $28,000 USD per graduate annually. Dong has also advocated for companies to recoup training fees from employees who leave after long-term development, sparking debate over ownership of skills and knowledge gained during employment.

A recent leak at TSMC, impacting its 2nm process technology R&D and Fab 20 in Hsinchu, involves nine individuals and has sparked industry debate. The breach, detected internally, highlights the challenges of protecting valuable IP. Intriguingly, the leak involves Tokyo Electron (TEL), a partner of Rapidus, intensifying competition in advanced semiconductor manufacturing. TSMC had implemented rigorous security measures, including iPhone replacements and U.S. security expert recruitment. Despite CEO C.C. Wei’s confidence, the leak originated from TSMC’s headquarters, emphasizing the persistent threat of internal security breaches.

The operator of “Sakura Anime,” a Chinese website illegally distributing Japanese anime, has been sentenced to two years and three months imprisonment and fined RMB 15,000 for copyright infringement and forging documents. The Chengdu Intermediate People’s Court upheld the original ruling after an appeal. The website allegedly disseminated over 2,100 anime series without permission, ignoring requests from licensed distributors to remove the content. The case highlights the fight against digital copyright infringement.

Joan Anderson, credited with popularizing the hula hoop, recently passed away at 101. Inspired by Australians twirling wooden hoops, Anderson introduced the toy to Wham-O, resulting in a handshake deal that launched a global craze. The Hula Hoop generated $30 million in two months, though Wham-O reaped most of the financial benefits. The Andersons settled a lawsuit for a small sum, highlighting the challenges inventors face within the toy industry regarding contracts and intellectual property.

A display technology company received two China Patent Excellence Awards for its display innovations, including projection distortion correction. This recognition highlights advancements in ALPD laser light source technology, which has been applied in automotive optics, cinema projection, and robotics. With a robust patent portfolio and significant R&D investment (RMB 248M in 2024), the company is experiencing substantial growth and expanding into new markets while affirming its commitment to innovation and intellectual property protection.