ASX-Dividend-Report-Banner

China's innovation fuels rise in European patent applications in 2023

April 12, 2024 03:00 PM AEST | By Cision
 China's innovation fuels rise in European patent applications in 2023
Image source: Kalkine Media

MUNICH, April 12, 2024 /PRNewswire/ -- Patent applications originating from the People's Republic of China at the European Patent Office (EPO) grew by 8.8% last year over 2022, according to the EPO's Patent Index 2023 published today. Chinese companies and inventors filed   20 735 applications, compared to 19 062 in the previous year and more than doubling the numbers in the past five years. This shows Chinese companies' investments in R&D and their focus on high-growth technology sectors, from digital communication and electrical machinery to medical technology and biotechnology. In total, the EPO received 199 275 patent applications in 2023 from around the world, up 2.9% compared to 2022 and the highest number ever.

Inventions in digital and energy technologies from China surge

The top three fields for patent applications from China were digital communication (9.7% more applications in 2023 compared to 2022), electrical machinery and energy (+27.5%) and computer technology (+0.3%). China was the top country of origin at the EPO for patent applications in the area of digital communication. For the first time, China also was the leading country for patent applications in the field of electrical machinery, apparatus, energy – an area which includes battery technologies. Three Chinese companies (CATL, Amperex and BYD) were among the top 10 applicants at the EPO for battery technology-related patent applications. But besides the digital / ICT sectors, Chinese firms are also becoming active in patenting in a range of other areas, including biotechnology (+23.7% in 2023 compared to 2022), medical technology (+27.7%) and organic fine chemistry (+38.2%).

China was among the top five countries of origin for European patent applications in 2023 together with the United States, Germany, Japan and the Republic of Korea. More than half (57%) of the total of patent applications at the EPO came from companies and inventors headquartered outside Europe (see chart Origin of applications), including 11% from China.

Huawei tops EPO applicant ranking

For the third consecutive year, Huawei was the leading applicant at the EPO in 2023, with over 5 000 filings and accounting for almost a quarter of all filings to the EPO from China. The company was also the No. 1 applicant at the EPO in the field of computer technology, and no. 2 in digital communication. Other companies from China at the EPO with high application numbers were ZTE Corporation (947 applications), Contemporary Amperex Technology (832), Guangdong Oppo Mobile Telecommunications (774), and Vivo Mobile Communication (701). (See ranking of top applicants from China at the EPO in 2023).

Web: https://www.epo.org/en


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.