ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Huawei Claims No.1 Spot in European Patent Office Ranking 2019; Reaffirms its Leadership in Tech-innovation

New Delhi [India], Mar 24 (ANI/ NewsVoir): Patents help establishing a strong market position, thereby reducing competition for a brand. Furthermore, patent portfolios are also demonstrative of high level of technological capability, specialization and expertise of a company. In that light, in a yet another feat, Huawei Technologies claims the top spot in the European Patent Office (EPO) ranking for 2019.

ANI Mar 24, 2020 18:21 IST googleads

Huawei Claims No.1 Spot in European Patent Office Ranking 2019; Reaffirms its Leadership in Tech-innovation

New Delhi [India], Mar 24 (ANI/ NewsVoir): Patents help establishing a strong market position, thereby reducing competition for a brand. Furthermore, patent portfolios are also demonstrative of high level of technological capability, specialization and expertise of a company. In that light, in a yet another feat, Huawei Technologies claims the top spot in the European Patent Office (EPO) ranking for 2019.
In a recent report published by the EPO, Huawei has been ranked the top telecom company in Europe, with a maximum number of patents in 2019. The company ranking reflects the growing importance of digital technologies and Huawei's leadership in the tech-innovation on a global scale.
The report recorded as many as 3,524 patent last year, by Huawei, followed by other industry giants such as Samsung, LG, United Technologies and Siemens in the top five. Two thirds of Huawei's applications were in the field of digital communications, which includes the next generation of wireless communications known as 5G and AI. Adding to the insights, the top 10 comprises four companies from Asia; four from Europe and two from the US.
Huawei's rise to the top is hinged on the company's huge investment in R&D, which is reflected in the number of patent applications. In 2019, Huawei is estimated to have invested more than 15 billion Euro in R&D. Huawei keeps investing 10%-15% of its annual revenue in R&D. Huawei's 10-year investment in R&D is around 73 billion US dollars.
The Munich-based EPO put a notable technological rise down to the developments of 5G internet and artificial intelligence (AI). These figures revealed digital communication patents went up by 19.6%, overtaking medical technology, grabbing the top spot for the field with the most innovation.
Huawei also has been in the forefront of many innovations, first one to introduce features like reverse wireless charging, on-board AI, advanced camera; popularized the triple rear camera setup and then moving up to four and also upgraded the telephoto lens to a periscope lens on the back which is capable of zooming up to 50x.
Huawei is the first brand to have 7nm Dual Neural Processor Unit (NPU) chipset. It is the world's first chipset in the size clocking at 2.8 GHz, as well as supporting LTE Cat.19 connectivity allowing download speeds up to 1.6 Gbps. Also made gradient colour design mainstream.
Huawei enjoys a considerable advantage in patents, which is considered as crucial intellectual ammunition in international competition. Over the past few decades, Huawei has accumulated a leading number of overseas patents.
By 2015, Huawei Consumer BG had more than 9000 global patent applications, including more than 2000 patents obtained in China and 1100 in overseas areas like Europe, America and other regions. Huawei's top priority is R&D investment and cutting-edge innovation, which results in glowing reviews of the products line up across the world.
The European Patent Office (EPO) has released a patent ranking for 2019. The data released reveals that the office received a total of over 181,000 patent applications in 2019. The figure represented an increase of 4% over 2018. This list is head by Huawei and followed by Samsung and LG. China is leading with The United States, Germany, and Japan making up to the top three.
This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/ NewsVoir)

Get the App

What to Read Next

Business

India pushes for green ship recycling, euro-compliant yards

India pushes for green ship recycling, euro-compliant yards

India is rapidly expanding its ship recycling sector and upgrading shipbreaking yards to meet European environmental standards, as part of a broader effort to strengthen its maritime industry and reduce logistics costs, Sushant Kumar Purohit, Chairperson of VO Chidambaranar Port Authority, said today.

Read More
Business

Indian Transmission Sector to See Innovative Switching

Indian Transmission Sector to See Innovative Switching

Haridwar (Uttarakhand) [India], March 12: In a significant boost to India's power transmission and railway electrification sectors, COELME-EGIC (Italy & France) and Southern States (USA) have entered into a strategic joint venture with iSAT India.

Read More
Business

DES Pune University’s Flagship Campus Platforms Drive Holistic

DES Pune University’s Flagship Campus Platforms Drive Holistic

Pune (Maharashtra) [India], March 12: DES Pune University continues to strengthen its vibrant campus life through its flagship academic, cultural, sporting, and research-driven initiatives - AAROHAN, RANANGAN, PARAMPARA, NAVONMESH, ETFI, and POV, creating a dynamic ecosystem that promotes experiential learning, creativity, leadership, innovation, and overall student development.

Read More
Business

Satish Sanpal: The Indian Entrepreneur Driving ANAX Holding

Satish Sanpal: The Indian Entrepreneur Driving ANAX Holding

New Delhi [India], March 12: In the dynamic business landscape of the United Arab Emirates, Indian entrepreneurs have played a significant role in shaping several industries. Among them, Satish Sanpal, Founder and Chairman of ANAX Holding, has emerged as a prominent business leader whose ventures span real estate, hospitality, and financial services.

Read More
Business

Hush Puppies Brings Bounce Technology to Office Sneakers

Hush Puppies Brings Bounce Technology to Office Sneakers

Gurugram (Haryana) [India], March 12: Hush Puppies, the global footwear brand exclusively retailed in India by Bata. A brand long synonymous with premium comfort and everyday wearability, reimagines bounce technology to it's the Office Sneaker Collection. Designed for professionals navigating fast paced, hybrid workdays, the collection brings together refined office-ready aesthetics with enhanced cushioning that keeps pace with modern work lives.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.