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Huawei, Tencent among high cybersecurity patent holders as China fosters possess tech, document says

A Chinese language flag flies exterior a residential compound in Beijing on April 30, 2017.

Greg Baker | Afp | Getty Images

Chinese language corporations contain acquired floor in global patent holdings within the cybersecurity expertise sector amid rising U.S.-China tensions, in accordance with a document from Nikkei Asia on Sunday.

Chinese language corporations equivalent to Huawei and Tencent accounted for six of the high 10 global patent holdings within the cybersecurity expertise sector as of August, based on info compiled by Nikkei in cooperation with U.S. info services and products provider LexisNexis. The knowledge took into tale patents registered across 95 nations and regions.

The document acknowledged that U.S. computer producer IBM came 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 financial arm Ant Group in sixth region with 3,922 patents, as well to Alibaba Group Conserving with 3,122 patents, the Nikkei acknowledged. Sovereign wealth fund China Funding Corp. had 3,042 patents, it added.

This comes as escalating tensions between the U.S. and China contain pushed the latter and its homegrown corporations to see self-reliance in science and expertise. For instance, the U.S. now now not too long ago tightened restrictions on synthetic intelligence chip exports to China over rising considerations that Beijing would possibly maybe expend those chips to advance its armed forces capabilities.

Hiroko Osaka, head of advertising and marketing in Asia for LexisNexis Japan’s intellectual property department, became quoted as announcing there would possibly be been a “dramatic amplify in filings by Chinese language corporations in authorized, especially since 2018.”

Huawei has been on the guts of U.S. sanctions aimed at securing U.S. networks and supply chains for the reason that U.S. tightened export controls on excessive-tech corporations 5 years ago.

In 2018, the U.S. banned its companies from obtaining Huawei equipment or services and products. In 2019, Huawei became positioned on the U.S. alternate blacklist, which restricts American corporations from doing enterprise with the Chinese language company. The U.S. additionally restricted Huawei’s entry to foreign-produced semiconductors made with U.S. technologies.

“The importance of IP safety became reaffirmed within the fight for supremacy over evolved expertise and info, which would possibly maybe contain sparked the surge of application filings by Chinese language corporations,” Osaka steered Nikkei Asia.

Learn more about China’s rising patent filings within the Nikkei Asia document.

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