Huawei, Tencent improve in patent holdings as China fosters personal tech: report

A Chinese flag flies outside a residential compound in Beijing on April 30, 2017.

Greg Baker | Afp | Getty Photographs

Chinese firms have gained floor in worldwide patent holdings in the cybersecurity know-how sector amid developing U.S.-China tensions, in accordance to a report from Nikkei Asia on Sunday.

Chinese corporations these as Huawei and Tencent accounted for 6 of the prime 10 world wide patent holdings in the cybersecurity engineering sector as of August, dependent on info compiled by Nikkei in cooperation with U.S. facts expert services supplier LexisNexis. The knowledge took into account patents registered across 95 international locations and locations.

The report reported that U.S. computer manufacturer IBM came out prime with 6,363 patents followed by Huawei and Tencent with 5,735 and 4,803 patents respectively.

Among the top 10 contain Alibaba’s financial arm Ant Group in sixth area with 3,922 patents, as very well as Alibaba Group Holding with 3,122 patents, the Nikkei claimed. Sovereign wealth fund China Expense Corp. had 3,042 patents, it extra.

This will come as escalating tensions in between the U.S. and China have pushed the latter and its homegrown corporations to search for self-reliance in science and know-how. For example, the U.S. not too long ago tightened restrictions on synthetic intelligence chip exports to China around developing problems that Beijing could use individuals chips to progress its army capabilities.

Hiroko Osaka, head of advertising and marketing in Asia for LexisNexis Japan’s intellectual residence office, was quoted as saying there is been a “extraordinary maximize in filings by Chinese companies in common, particularly given that 2018.”

Huawei has been at the heart of U.S. sanctions aimed at securing U.S. networks and supply chains given that the U.S. tightened export controls on significant-tech companies 5 years ago. //okay?

In 2018, the U.S. banned its companies from obtaining Huawei equipment or expert services. In 2019, Huawei was positioned on the U.S. trade blacklist, which restricts American corporations from executing business with the Chinese organization. The U.S. also confined Huawei’s obtain to foreign-produced semiconductors designed with U.S. technologies.

“The relevance of IP safety was reaffirmed in the battle for supremacy more than sophisticated engineering and data, which may perhaps have sparked the surge of software filings by Chinese corporations,” Osaka explained to Nikkei Asia.

Read through additional about China’s expanding patent filings in the Nikkei Asia report.

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