For the third consecutive year. Korea Tobacco & Gas (KT&G) has been named to the Lexis Nexis list of the “World’s 100 Most Innovative Companies” for its innovations in the field of new tobacco products (NGPs). The launch of its heated tobacco device “lil” and specialized cartridges further strengthened its leadership position in both domestic and international markets.
Core points of interest:
1. Korea Tobacco & Grocery (KT&G) is the only South Korean consumer goods company to be included in the list of the World’s 100 Most Innovative Companies for the third consecutive year.
2. KT&G was selected as one of the top 100 companies for its innovation in heated tobacco technology. 2,977 intellectual property rights have been filed by KT&G in 2024, with a total of 14,400 intellectual property rights and more than 11,000 overseas intellectual property rights.
3. KT&G launches the “Lil” heated tobacco device, reinforcing its market leadership position, and plans to launch more innovative products.
Korea Tobacco Named to Top 100 Global Innovators for New Tobacco Product Innovation
N. News reported on April 8 that for the third consecutive year. Korea Tobacco (KT&G) has been selected by Lexis Nexis. Global IP solutions company, is one of the world’s top 100 innovative companies, making it the only Korean consumer goods company to be included in the list.
Lexis Nexis annually recognizes the top 100 global innovators in the IT, electronics, automotive, and consumer goods sectors based on a database of 16 million global patents, and KT&G was selected for its innovation in heated tobacco technology.
KT&G has strengthened its core competencies in the New Tobacco Products (NGP) business through systematic IP management. In 2024 alone, KT&G filed 2,977 IPRs, totaling a cumulative total of 14,400, including more than 11,000 overseas property rights.
In addition, KT&G has strengthened its leadership in the domestic and international markets with the launch of the heated tobacco device “lil” and specialized cartridges, and a spokesperson for KT&G said that the company will strengthen its position in the market by launching more products to meet the diversified needs of consumers through overall innovations in the NGP business.
