Huawei introduced that it witnessed its largest ever bounce in patent possession final yr. This included quite a lot of patents that it owns, which arrives after the corporate ramped up its evaluation and progress effort in 2020.

In keeping with a FinancialTimes report, the Chinese language tech big raised its efforts in innovation after it was positioned in the Entity Record commerce ban, which basically made it obligatory for US based mostly companies to amass license to commerce with Huawei. Moreover, the corporate additionally had its chip provide from TSMC lower off after the Trump administration strengthened restrictions on the corporate. As a result of this, the model’s smartphone shipments fell sharply throughout the ultimate quarter of final yr.

Thus, the smartphone maker ramped up its patent purposes, with the agency holding greater than 100,000 patents in 2020. That is up from 85,000 patents from a yr prior, marking the best annual bounce of patents from the corporate. Notably, Huawei additionally ranks as the largest patent holder, accounting for a big share of patents for quite a lot of fields like telecom tools, 5G know-how, and extra.

The corporate has even filed for patents in utilized sciences as properly, together with synthetic intelligence. Moreover, the corporate was additionally the biggest applicant in the World Mental Properaty Group (WIPO). This transfer can also be part of the corporate’s efforts to boost its income from patent licensing, with it pushing for 5G cellular tech associated patents in the US.

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