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 world 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 similar to Huawei and Tencent accounted for six of the highest 10 world patent holdings within the cybersecurity expertise sector as of August, primarily based on knowledge compiled by Nikkei in cooperation with U.S. data companies supplier LexisNexis. The info took under consideration patents registered throughout 95 international locations and areas.
The report stated that U.S. pc 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 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 issues that Beijing might 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 improve in filings by Chinese language companies basically, particularly since 2018.”
Huawei has been on the heart of U.S. sanctions aimed toward securing U.S. networks and provide chains for the reason that 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 companies. 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 software filings by Chinese language companies,” Osaka advised Nikkei Asia.
Learn extra about China’s rising patent filings within the Nikkei Asia report.
