Technology and manufacturing development
The primary driver of Primax Group's sustained profitability and growth is its commitment to embracing innovation. Primax's technology development is centered on integrating three core elements—acoustics, visual technologies, and human-machine interfaces—into cohesive product applications. In an era of rapid technological evolution, the Company continues to develop key new technologies and products that contribute to sustained profitability while extending its business presence into every aspect of daily life. To further strengthen the Group's R&D and technological competitiveness, in 2024 the Company invested NT$3,327,670 thousand in research and development expenditures, representing 5.71% of operating revenue. These resources were dedicated to the design and development of new products and technologies, as well as the enhancement and improvement of production processes. Details of recent R&D achievements are presented on 《pages 69–70 of the 2024 Shareholders' Meeting Annual Report.》
Primax remains committed to its mission of "Taiwan R&D, Smart Manufacturing, GlobalReach," serving customers worldwide. The Taiwan Innovation Hub in Zhubei is scheduled for completion in mid-2025 and will encompass advanced laboratories, an industry–academia incubation center, and a new product manufacturing center. In terms of global manufacturing operations, production and shipments from the Company's plants in Thailand and the Czech Republic have continued to grow steadily.
Intellectual property rights management
Strategy & Goals
In order to align with advanced technology tendency and protect technical achievement, we continuously engross sufficient resources in R&D and analysis for the variation of marketing and technology in relation to our products. We also formulate intellectual property policy which integrates the operation goal and R&D resources so as to reinforce the advantage in competition. In addition to integrate and upgrade the regulations for IP management, we keep strengthening the patent capability as well as the protection for non-patent R&D results to ensure that the intellectual property rights targeted are consistent with the main products and key technology of the Company. To protect the main products and key technology of the Company, we encourage colleagues to innovate and keep a watch on the products and patents of competitors so as to reinforce the patent layout and formulate the best patent strategy. We target to be the top thirty of Taiwan Patent Applications by 2030.
Our intellectual property tactics for 2025 as described below：
- Reinforce the worldwide patent layout
- Update the items of strategic products in order to align with the latest technology
- Promote the raise of strategic products patent award constantly
- Implement the verification process before publishing the research development
- Prevent the intellectual risk of innovative research development
Management plan for intellectual property rights
Management of patent
For the purpose of protection of technical achievement and leading position, we not only constantly encourage our staff to file application for utility patent via the corporate grading innovation award, but also establish the patent management policy and risk control mechanism.
Management of Copyright
We promulgated the Management plan for intellectual property rights to formulate the process of acquirement, preservation and maintenance of copyright.
Protection of trade secret
Trade secret / confidential information are the technological and business operation core of the Company.
Operation
The report of the implementation of intellectual property events has been submitted to the Board of Directors on Nov.7, 2024.
1. Application of patent
Primax group has filed numerous patent applications in countries since 1990.
2. Process management
- 1990: Regulation of Patent Application
- 2002: Regulation of Risk Management and Patent Usage
- 2004: Enterprise Patent System
- 2021: Regulation of Copyright and Trade Secret
- 2022: Procedure of Copyright and Trade Secret
- 2023: Procedure of patent and IP confidential documents
- 2024: Amend Regulation of Patent Application
- 2025: Amend Regulation of Intellectual Communication
3. Activation of Property
To realize Patent Monetization, we sold almost 900 patents in 2006.
4. Risk Control
Patent search archive management has been carried out since 2012.
5. Management of trade secret
- Staff must maintain confidentiality
- No disclosure during or after employment
- No misuse of former employer’s trade secrets
Measures for dealing with the risk of intellectual property rights
We analyze IP controversies from legal, technical, and business perspectives to protect stakeholder interests.
Performance
As of the end of 2024, 942 patents have been approved and 492 patents are pending.
Any question or comment, please email to ESG@primax.com.tw
