A Chinese language flag flies exterior a residential compound in Beijing on April 30, 2017.
Greg Baker | Afp | Getty Photos
Chinese language firms have gained floor in international patent holdings within the cybersecurity know-how sector amid rising U.S.-China tensions, in response to a report from Nikkei Asia on Sunday.
Chinese language corporations equivalent to Huawei and Tencent accounted for six of the highest 10 international patent holdings within the cybersecurity know-how sector as of August, primarily based on information compiled by Nikkei in cooperation with U.S. data companies supplier LexisNexis. The information took under consideration patents registered throughout 95 international locations and areas.
The report mentioned that U.S. laptop producer IBM got here out high with 6,363 patents adopted by Huawei and Tencent with 5,735 and 4,803 patents respectively.
Among the many high 10 embrace Alibaba’s monetary arm Ant Group in sixth place with 3,922 patents, in addition to Alibaba Group Holding with 3,122 patents, the Nikkei mentioned. Sovereign wealth fund China Funding Corp. had 3,042 patents, it added.
This comes as escalating tensions between the U.S. and China have pushed the latter and its homegrown corporations to hunt self-reliance in science and know-how. For instance, the U.S. just lately tightened restrictions on synthetic intelligence chip exports to China over rising considerations that Beijing may use these chips to advance its navy capabilities.
Hiroko Osaka, head of selling in Asia for LexisNexis Japan’s mental property division, was quoted as saying there’s been a “dramatic enhance in filings by Chinese language corporations usually, particularly since 2018.”
Huawei has been on the middle of U.S. sanctions geared toward securing U.S. networks and provide chains for the reason that U.S. tightened export controls on high-tech corporations 5 years in the past. //okay?
In 2018, the U.S. banned its companies from acquiring Huawei tools or companies. In 2019, Huawei was positioned on the U.S. commerce blacklist, which restricts American corporations from doing enterprise with the Chinese language firm. The U.S. additionally restricted Huawei’s entry to foreign-produced semiconductors made with U.S. applied sciences.
“The significance of IP safety was reaffirmed within the battle for supremacy over superior know-how and information, which can have sparked the surge of utility filings by Chinese language corporations,” Osaka instructed Nikkei Asia.
Learn extra about China’s rising patent filings within the Nikkei Asia report.
