A Chinese flag flies outside a residential compound in Beijing on April 30, 2017.
Greg Baker | Afp | Getty Pictures
Chinese organizations have acquired floor in world patent holdings in the cybersecurity engineering sector amid growing U.S.-China tensions, according to a report from Nikkei Asia on Sunday.
Chinese firms these as Huawei and Tencent accounted for six of the best 10 global patent holdings in the cybersecurity know-how sector as of August, primarily based on info compiled by Nikkei in cooperation with U.S. details products and services service provider LexisNexis. The facts took into account patents registered across 95 nations around the world and regions.
The report mentioned that U.S. computer maker IBM arrived out best with 6,363 patents followed by Huawei and Tencent with 5,735 and 4,803 patents respectively.
Amongst the leading 10 include things like Alibaba’s financial arm Ant Team in sixth put with 3,922 patents, as very well as Alibaba Group Keeping with 3,122 patents, the Nikkei reported. Sovereign wealth fund China Investment decision Corp. experienced 3,042 patents, it extra.
This arrives as escalating tensions between the U.S. and China have pushed the latter and its homegrown corporations to seek out self-reliance in science and know-how. For instance, the U.S. not too long ago tightened restrictions on synthetic intelligence chip exports to China more than growing worries that Beijing could use those people chips to progress its army capabilities.
Hiroko Osaka, head of marketing and advertising in Asia for LexisNexis Japan’s mental property office, was quoted as saying there is been a “dramatic boost in filings by Chinese corporations in typical, primarily given that 2018.”
Huawei has been at the heart of U.S. sanctions aimed at securing U.S. networks and supply chains due to the fact the U.S. tightened export controls on large-tech firms five several years in the past. //okay?
In 2018, the U.S. banned its agencies from getting Huawei gear or providers. In 2019, Huawei was put on the U.S. trade blacklist, which restricts American firms from executing company with the Chinese company. The U.S. also constrained Huawei’s obtain to foreign-made semiconductors created with U.S. technologies.
“The value of IP security was reaffirmed in the struggle for supremacy in excess of superior technological innovation and details, which might have sparked the surge of software filings by Chinese companies,” Osaka instructed Nikkei Asia.
Read through a lot more about China’s expanding patent filings in the Nikkei Asia report.