China's R&D Spending Estimated to Reach 2.1 Pct of GDP in 2016

China's investment in research and development (R&D) is expected to reach 1.54 trillion yuan (around 223 billion U.S. dollars) in 2016, accounting for 2.1 percent of GDP, according to Science and Technology Minister Wan Gang. Last year's R&D expenditure was estimated to increase by 9 percent from 2015, with over 78 percent of the spending coming from enterprises, Wan announced at a national work conference on science and technology. Wan said initial figures showed the value of technology transactions in China was anticipated to amount to more than …

USPTO Reveals New Patent and TM Advisory Committee Members

The US Patent and Trademark Office (USPTO) has announced new members for its patent and trademark advisory committees. On January 9, the USPTO announced the committee members for its Patent Public Advisory Committee (PPAC) and the Trademark Public Advisory Committee (TPAC). The USPTO’s public advisory committees were created to advise the secretary of commerce and the under secretary of commerce for intellectual property.

New Nokia branded mobile gadget released

Finland-based company HMD Global announced its first Nokia branded mobile phone. Based on the Android system, the Nokia 6 is intended for the Chinese market. Available in early 2017, the price of the new gadget will be 1,699 Chinese yuan, the company announced in its press release. It also said it will be available in China through JD.com only. Arto Nummela, CEO of HMD Global, said "we intend to move with speed to establish a position as a player in the smartphone category." HMD Global is based in Espoo, Finland. It has obtained the Nokia trademark through exclusive licensing valid…