The electronics industry is truly global, mostly because it is a very expensive industry. The electronics industry has also witnessed a phenomenal growth in recent decades. This growth can be attributed to the increasing effect of state of the art electronic devices on the market.
The consumer electronics industry is ushering in the dawn of convergence, as the confluence and merging of digital-based audio, video and information technology occurs. This convergence of technologies has resulted in a greater demand for consumer devices, be they portable, in-home (mobile phones, digital camera) or in-car (CD/DVD players), offering multiple functions.
The overall revenue earned through the sale of audio, video and gaming consoles constitutes the international consumer electronics market.
When thinking of IP issues, a fundamental focus on the international systems of IP protection is essential. The Asia Pacific region is the market leader wielding the biggest chunk of the market, closely followed by Europe. The European market share is expected to decline due to the growing demand for consumer durables in the Asia Pacific consumer electronic market. Japanese companies have captured the consumer electronics market. World famous brands such as Sony, Panasonic and Matsushita are all owned by these Japanese manufacturers. Korean companies such as Samsung and LG are all trying to join the Japanese bandwagon. Samsung can claim to be the world’s fastest growing electronic company. Amid all of these giants are hundreds of smaller, competitive, and entrepreneurial companies.
As the electronics & computer hardware & software markets continue to grow, new inventions and innovations will continue to occur. All of these concerns point to increasing activity in the laws, business transactions, and disputes concerning IP in electronics & computer hardware & software technologies.
Strong patent rights are imperative to encourage investments in R&D and for commercialization of electronics & computer hardware & software technologies. Small innovative firms rely on patent rights to build businesses around electronics & computer hardware & software.
Patent rights also encourage established manufacturers to invest in electronics & computer hardware & software technologies to improve existing product lines. These patented technologies cover a broad spectrum of inventions and innovations.
>> To see examples of patents recently issued to protect electronics & computer hardware & software inventions, click the above icon.
>> The IP professionals at HULSEYIP possess a long and successful history in protecting, commercializing, and enforcing the IP rights of our clients in a broad array of electronics technologies, as well as experience is a variety of & computer hardware & software technologies. To see a selection of patents and patent applications prepared and prosecuted by us over the years, click  . |
