Oppo 24 Jul
The smartphone market is a faced pace industry in which the tech companies have to come up with new technology, design improvements specification improvement and more to keep them in the race. New patents reflect new ideas a particular company could be working on and is a possible showcase of the research and development department of the company. The stronger it is, the better playing ground a company could have to improve their devices in the future.
While Apple was known to bring innovation in the smartphone industry, the company has been playing catch up game since recent times while Samsung and Huawei are clearly taking the lead. Now it seems other Chinese smartphone manufacturers are also pushing the pedal on research and development which is reflected by their patent filings.
As per a recent report by EPO 2018, Siemens filed the highest number of patents in Europe while Huawei stands at second spot with 2485 patents, with a growth of 3.6 percent year on year while Siemens grew by 12.4 percent year on year, in this regard.
Likewise, Oppo debuted in first 50 lists with 39th spot having 523 patents. Samsung stands at third spot with 2449 patent applications followed by LG and United Technologies, Qualcomm and Ericsson in the top list. How important is patent filings in a company’s growth? Share your views in the comment section below.