A Chinese language flag flies exterior a residential compound in Beijing on April 30, 2017.
Greg Baker | Afp | Getty Pictures
Chinese language firms have gained floor in international patent holdings within the cybersecurity expertise sector amid rising U.S.-China tensions, in accordance with a report from Nikkei Asia on Sunday.
Chinese language companies resembling Huawei and Tencent accounted for six of the highest 10 international patent holdings within the cybersecurity expertise sector as of August, based mostly on knowledge compiled by Nikkei in cooperation with U.S. info providers supplier LexisNexis. The information took into consideration patents registered throughout 95 nations and areas.
The report stated that U.S. laptop producer IBM got here out prime with 6,363 patents adopted by Huawei and Tencent with 5,735 and 4,803 patents respectively.
Among the many prime 10 embody 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 stated. 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 companies to hunt self-reliance in science and expertise. For instance, the U.S. 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 companies normally, particularly since 2018.”
Huawei has been on the middle of U.S. sanctions aimed toward securing U.S. networks and provide chains because the U.S. tightened export controls on high-tech companies 5 years in the past. //okay?
In 2018, the U.S. banned its businesses from acquiring Huawei gear or providers. In 2019, Huawei was positioned on the U.S. commerce blacklist, which restricts American companies 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 expertise and knowledge, which can have sparked the surge of utility filings by Chinese language companies,” Osaka advised Nikkei Asia.
Learn extra about China’s rising patent filings within the Nikkei Asia report.