ALEXANDRIA, Va., Feb. 3 -- United States Patent no. 12,542,230, issued on Feb. 3, was assigned to TDK Corp. (Tokyo).

"Coil component and circuit board having the same" was invented by Takeshi Okumura (Tokyo), Kouji Kawamura (Tokyo), Hidenori Tsutsui (Tokyo), Hibiki Miyasaka (Tokyo) and Yosuke Mizutani (Tokyo).

According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosed herein is a coil component that includes an element body having a mounting surface, a coil pattern embedded in the element body and having a coil axis extending perpendicular to the mounting surface, and a terminal electrode connected to the coil pattern and exposed to the mounting surface. The terminal electrode has a cutout part so as to avoid ov...