Asia Is Getting Its Own Patent Police; Bloomberg, 7/7/16

Paul Einhorn and Pavel Alpeyev, Bloomberg; Asia Is Getting Its Own Patent Police:

"Xiaomi is among a growing number of Chinese companies—PC maker Lenovo, screen maker BOE, appliance maker Midea—“looking to get their hands on good, solid IP that can be used against multinationals,” says Guy Proulx, chief executive officer of advisory firm Transpacific IP Group. “Used against” often means extracting fees via angry letter, negotiation, or lawsuit. It’s a shift for Chinese companies, which have more often been the defendants in patent suits. They’re catching up with a trend in Japan and South Korea, where government-backed funds are fighting on behalf of big tech companies’ IP."