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Home Marketplaces & E-commerce

Seoul-based startup Wisely emerges victorious in patent infringement lawsuit filed by Dorco

KoreaTechDesk Writer by KoreaTechDesk Writer
March 9, 2023
in Marketplaces & E-commerce
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Wisely

Wisely wins patent case against Dorco

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Seoul-based startup,Wisely, has emerged victorious in a patent infringement lawsuit filed against it by razor blade manufacturer, Dorco. The case, which began in October 2020, centred around Dorco’s patent for geometrically bending razor blades to increase their rigidity and efficiency.

In response to the lawsuit, Wisely argued that the patent itself was invalid, as the shape of a geometric razor blade was a natural occurrence when the blade is bent. The Intellectual Property Tribunal sided with Wisley in August 2021, citing a lack of novelty in Dorco’s patent.

Dorco appealed the decision, but the Patent Court also ruled in favour of Wisely in October 2022, noting that Dorco’s razor blade patent did not contain any advanced features compared to previous products. As a result, Dorco withdrew its case against Wisely, and the patent itself was invalidated.

The legal battle highlights the growing conflict between startups looking to disrupt established markets and larger corporations seeking to maintain their dominance. Such legal battles can have a negative impact on startups with limited resources, hindering the healthy development of industries.

Following the ruling, Jeon Yeong-pyo, Vice President of Wisely, said, “Through this victory, we can smoothly continue Wisely’s business vision of providing premium quality household goods to customers at ultra-low prices. We will continue our efforts to bring positive changes to the consumer goods market.”

Also Read,

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  • Korean Edutech startups Sling & Visang Education in a ‘plagiarism’ row over app design
  • Coding learning platform Elice introduces GPT-3 based chatbot’ AI Helpy’
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Tags: Dorcogeometric razor bladeIntellectual Propertypatent infringement lawsuitWisely
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