Chipmaking industry pushes back on U.S. Patent Office considering imposing annual fee based on assessed value — “tax on innovation” draws strong opposition from Semiconductor Industry Association

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The Semiconductor Industry Association (SIA) just released an open letter addressed to John A. Squires, the Director of the U.S. Patent and Trademark Office (USPTO), urging him to reconsider the proposal of imposing periodic patent fees to maintain the validity of a patent based on a government-assigned value instead of the current fixed price. According to the document (PDF), patents in the semiconductor industry are interconnected, making it difficult, if not impossible, to determine the exact value…



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Chipmaking industry pushes back on U.S. Patent Office considering imposing annual fee based on assessed value — “tax on innovation” draws strong opposition from Semiconductor Industry Association


The Semiconductor Industry Association (SIA) just released an open letter addressed to John A. Squires, the Director of the U.S. Patent and Trademark Office (USPTO), urging him to reconsider the proposal of imposing periodic patent fees to maintain the validity of a patent based on a government-assigned value instead of the current fixed price. According to the document (PDF), patents in the semiconductor industry are interconnected, making it difficult, if not impossible, to determine the exact value…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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