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Huawei's declared 5G patents rank No. 1 in the world

Phate Zhang May 5, 2020 17:56 GMT+8

Huawei's declared 5G patents rank No. 1 in the world-CnTechPost

As of January 1, 2020, there are 2,571 5G standard patents declared worldwide, of which Huawei has 3,147 to rank first, according to a report by German patent data company IPlytics.

That was followed by Samsung (2,795), ZTE (2,561), LG Electronics (2,300), Nokia (2149), and Ericsson (1,494).

Huawei's declared 5G patents rank No. 1 in the world-CnTechPost

In 2019, Huawei's R&D expenses reached RMB 131.7 billion (about $18.6 billion), accounting for 15.3% of its annual sales revenue, and are expected to exceed $20 billion by 2020.

At present, Huawei has 85,000 valid patents in the world, accounting for 90% of invention patents, and ranks first in the EU Patent Office with 3,524 patent applications.

To stay ahead of the curve, technological innovation is essential. Previously, Huawei founder Ren Zhengfei said that about 20-30 percent of Huawei's annual R&D spending is spent on research and innovation and 70 percent on product development.

#China 5G#Huawei
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Phate Zhang
Phate is the founder of CnTechPost and the main author of the site. He has been reporting in Chinese and English since 2009, focusing on macroeconomics and capital markets. He is also a tech enthusiast, and it is his interest to follow tech industry developments.
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