ALEXANDRIA, Va., Oct. 8 -- United States Patent no. 12,437,912, issued on Oct. 7, was assigned to SAMSUNG ELECTRO-MECHANICS Co. LTD. (Suwon-si, South Korea).

"Coil component" was invented by Heung Kil Park (Suwon-si, South Korea), Gu Won Ji (Suwon-si, South Korea) and Sang Soo Park (Suwon-si, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "A coil component includes a body; a coil disposed in the body; first and second external electrodes disposed on a first surface of the body, which is a lower surface of the body, spaced apart from each other, and connected to the coil; and first and second terminals disposed on lower surfaces of the first and second external electrodes, respectively, to be in co...