LINE

Text:AAAPrint
Economy

Patents won by Chinese companies in U.S. surge

1
2022-01-14 08:29:20China Daily Editor : Li Yan ECNS App Download

A Huawei store in Shanghai. (Photo by Fan Jianlei/for China Daily)

Chinese companies' patents granted in the United States surged last year, even as total patent awards in the U.S. trended downward, showcasing Chinese companies' increasing innovation capabilities, according to a renowned U.S. patent service provider.

Data from IFI Claims showed that Chinese companies' patents earned in the U.S. increased around 10 percent to 20,679 in 2021, up from 18,792 in 2020.

The progress came as total U.S. patent grants declined about 7 percent from 2020 to 327,329 awards last year, the most precipitous drop in the past decade, said IFI Claims.

Several Chinese companies are now among the Top 50 in U.S. patent rankings, including chip giant Taiwan Semiconductor Manufacturing Co at No 4, telecom giant Huawei Technologies Co at No 5, display maker BOE at No 11, and tech heavyweight Oppo at No 49. Oppo, for instance, was granted 719 patents in the U.S. last year, marking a surge of 33 percent year-on-year.

When it comes to total global patents held, China possesses 29 percent of the global 250 patent families-collections of patent applications covering the same or similar technical content-compared to the U.S. (24 percent) and Japan (19 percent), said IFI Claims.

A deeper analysis shows that the U.S. and Japanese portfolios are stronger and more mature. Nevertheless, it is clear that China has stimulated a research and development culture that is serious about intellectual property, said Mike Baycroft, CEO of IFI Claims Patent Services in a statement.

The progress comes as Chinese companies increasingly strengthen their R&D push. Huawei, for instance, invested 141.9 billion yuan ($22.3 billion) in R&D in 2020, accounting for about 15.9 percent of its revenue.

Jason Ding, head of the intellectual property department at Huawei, said earlier that the company has become one of the world's largest patent holders through investment in innovation.

Oppo is also beefing up its R&D push. Chen Mingyong, CEO of Oppo, said earlier that the company aims to be a tech pioneer by increasing R&D spending.

"We've been working hard for many years to ramp up our products," Chen said.

So far, Oppo has filed for patents in more than 40 countries and regions around the world as it accelerates efforts to expand its global business. As of Dec 31, 2021, Oppo had filed 75,000 patent applications globally, and its global number of authorized patents exceeds 34,000, the company said.

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

LINE
Back to top About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2022 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
[网上传播视听节目许可证(0106168)] [京ICP证040655号]
[京公网安备 11010202009201号] [京ICP备05004340号-1]