CPA Global has underlined its commitment to the Korean market and opened it's Seoul office. The company’s first in Korea, will be led by Steve Kim, CPA Global’s Director for Korea and a former Senior Corporate Counsel for Samsung.

CPA Global has had local agent representation in the Korean market for over 15 years, but is now establishing a direct presence and expanding its agent network in response to increasing demand for the company’s services.

Korea is the fifth largest international (PCT) patent filer in the world. In 2010, international patent applications from Korean companies increased by over 20%, the second highest increase in filings after China.

Speaking in Seoul, CPA Global’s Chief Executive Officer, Peter Sewell, said: “Korea is an important global market with many Korean corporations now operating on the world stage. Korean companies are increasingly developing their own IP, and the need to protect and manage those valuable assets internationally has never been more critical. This has brought a growing demand for specialist support in IP portfolio management. Responding to that demand, we are reinforcing our commitment to the Korean market by expanding our local agent network and establishing a CPA Global office in Seoul with a dedicated Korean team, offering local customer support.”