BUDAPEST, Hungary, Jan. 26, 2026 /PRNewswire/ — On 19 January 2026, the Korea Trade Commission (KTC) instituted a case based on claims filed by Tulip InnovationBUDAPEST, Hungary, Jan. 26, 2026 /PRNewswire/ — On 19 January 2026, the Korea Trade Commission (KTC) instituted a case based on claims filed by Tulip Innovation

Tulip Innovation Patent Claims Against Sunwoda Batteries Expand to Include KTC Action

2026/01/26 09:30
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

BUDAPEST, Hungary, Jan. 26, 2026 /PRNewswire/ — On 19 January 2026, the Korea Trade Commission (KTC) instituted a case based on claims filed by Tulip Innovation that Sunwoda’s lithium-ion battery cells and Geely Auto Group’s battery packs – supplied for a best-selling hybrid SUV in Korea – infringe a patent included in Tulip’s battery licensing program. This escalation of Tulip’s enforcement campaign against Sunwoda’s and its customers’ unlicensed activities follows patent actions filed in Germany and is the result of Sunwoda’s continued unwillingness to take a license.

The KTC action involves Korean Patent No. 10-1089135 and relates to the combination of an electrode and a battery separator, which is an important element for the safety and performance of a car battery. The asserted Korean patent is a counterpart of one of the European patents Tulip asserted in German cases that resulted in the issuance of three injunctions against Sunwoda last year.

As the licensing agent for a portfolio of over 5,000 patents owned by LG Energy Solution and Panasonic Energy, Tulip’s enforcement efforts are mainly directed at battery manufacturers but may also include customers that source batteries from unlicensed suppliers.  The newly instituted Korean case demonstrates the global strength of the Tulip portfolio and indicates that companies operating downstream in the lithium-ion battery supply chain may have patent infringement liability relating to unlicensed products.

“Tulip initiated this action in Korea as part of its commitment to uphold fair and competitive market conditions in the battery industry,” explained Ferencz Farkas, Director of Tulip, adding that “our goal is to grant licenses under the portfolio to all lithium-ion battery manufacturers but, if needed, Tulip is prepared to enforce against different participants in the supply chain to protect Licensors’ intellectual property rights.”

About Tulip Innovation

Tulip Innovation Kft. is an independent company founded to establish and manage the lithium-ion battery licensing program. Based in Hungary, the hub of European battery manufacturing, Tulip’s mission is to collaborate with companies implementing Li-ion battery technology to ensure that their manufacturing operations have access to Tulip’s robust IP portfolio.  Led by a team of licensing professionals with decades of experience, Tulip has a unique combination of strong industry connections and expertise in negotiating and administering patent licenses. Additional information is available at www.tulipinnovation.com 

Logo – https://mma.prnewswire.com/media/2736994/5730632/Tulip_Innovation_Logo.jpg

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/tulip-innovation-patent-claims-against-sunwoda-batteries-expand-to-include-ktc-action-302668969.html

SOURCE Tulip Innovation KFT

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Missed Floki, Brett? APEMARS Shows Next Big Crypto 2026 With 2,696% ROI Potential

Missed Floki, Brett? APEMARS Shows Next Big Crypto 2026 With 2,696% ROI Potential

The crypto market has been on fire, and if you slept on FLOKI and Brett, you already feel the FOMO. Both coins surged to incredible heights, leaving latecomers
Share
Techbullion2026/04/05 08:15
Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36
Bitcoin Exchange Binance Announces New Listings on its Futures Platform! Here Are the Details

Bitcoin Exchange Binance Announces New Listings on its Futures Platform! Here Are the Details

The post Bitcoin Exchange Binance Announces New Listings on its Futures Platform! Here Are the Details appeared on BitcoinEthereumNews.com. Bitcoin Exchange
Share
BitcoinEthereumNews2026/04/02 19:26

$30,000 in PRL + 15,000 USDT

$30,000 in PRL + 15,000 USDT$30,000 in PRL + 15,000 USDT

Deposit & trade PRL to boost your rewards!