News

Huawei secured 5th Rank in U.S. Patents in Sign of Chinese Growth

Huawei is continuing to move up the list of companies getting the most U.S. patents, according to a new study of patenting activity that shows Chinese firms are increasingly responsible for a greater share of the world’s innovation.

Huawei received 2,770 U.S. patents last year, putting it at No. 5 behind perennial top patent-getter International Business Machines Corp. according to the study by Fairview Research’s IFI Claims Patent Services.

Huawei’s success in obtaining patents comes even as its networking equipment is shut out of the American market and it’s been cut off from procuring components needed for its phones by the Biden administration. The U.S. government has accused the Shenzhen-based company of being a security threat, charges that Huawei denies.

Huawei jumped from ninth place in part because of declines by other companies as the U.S. Patent and Trademark Office issued 7% fewer patents last year. Samsung Electronics Co., Canon Inc., and Taiwan Semiconductor Manufacturing Co. rounded out the top five patent recipients.

Chinese companies also dominate when considering global patent ownership, according to the analytics firm. Samsung remains the biggest holder of patented inventions globally. But six Chinese entities, including Huawei and the Chinese Academy of Sciences, hold more patents on inventions than IBM, which ranks No. 8 on that list.

“Everywhere you turn, they seem to be establishing themselves, or seeking to establish themselves, as major players,” said IFI Claims Chief Executive Officer Mike Baycroft. “You hear these stories that the Chinese market is going to take over the world. Here, it’s starting to become real.”

Recently, Huawei also ranked second in the 2021 EU Industrial R&D Investment Scoreboard, up from the third place in the previous year’s edition. The 2021 EU Industrial R&D Investment Scoreboard is a European Commission publication that ranks the research investment levels of 2,500 companies around the world that comprise 90% of the world’s business-funded R&D. The report is prepared by the EU Joint Research Centre (JRC).

Sponsored
Usman Aslam

A tech enthusiast, writer, researcher and strategist working on the latest technologies and making an impact. Usman has been heavily focused on building communities, empowering people through technological trends and advancements for over 3+ years including many notable names such as IEEE Region 10, TEDx, Google Developers, United Nations Programmes, Microsoft Partner Program and much more. Reach out: usman.aslam@techjuice.pk

Leave a Comment
Share
Published by
Usman Aslam
Tags: Huawei

Recent Posts

China’s Tencent Releases Large Language Model, Opens it For Enterprise Use

Capable of conversing in both Chinese and English, Tencent’s large language model ‘Hunyuan’ is claimed…

8 months ago

Apple Reportedly Spending ‘Million of Dollars Each Day’ for AI Training

Working on multiple AI models, Apple has allocated several teams who are working on artificial…

8 months ago

World’s Largest Wind Turbine Breaks Record For Power Generated In A Single Day-During A Typhoon

The world's largest offshore wind turbine has achieved a milestone by setting a new record…

8 months ago

YouTube Will Let You Play Mini Games Soon

YouTube is stepping into the world of gaming. YouTube has started testing out its gaming…

8 months ago

Pakistani Student Won First Position In Matric Exams of UAE

In a remarkable academic achievement, Abdullah Zaman, a Pakistani student hailing from Attock, has clinched…

8 months ago

‘Flying Bum’ World’s largest Aircraft Is Ready To Launch In 2026 With Hybrid Technology

Flying Bum, the world's largest aircraft is ready to launch in 2026. The Airlander 10…

8 months ago