Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
2024 03 19T002528Z 3 LYNXNPEK2H0SM RTROPTP 4 USA CHINA CHIPS scaled
2024 03 19T002528Z 3 LYNXNPEK2H0SM RTROPTP 4 USA CHINA CHIPS scaled

European patent applications hit record high in 2023


(Reuters) – The European Patent Office (EPA) received a record number of patent applications last year, with the biggest share of fillings coming from the United States, Germany, Japan and China, the office’s register showed on Tuesday.

The office said it received 199,275 applications in 2023, 2.9% more than a year ago.

China’s Huawei filled the largest number of applications for the third year in a row, followed by Samsung, LG, Qualcomm, Ericsson, and Siemens.

Patent applications are seen as an early indication of how much firms have been spending on research and development.

“This underlines both the attractiveness of the European technology market and the high quality of our products and services,” EPA President Antonio Campinos said in a statement.

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.

Applications from small and medium-sized enterprises have reached the highest level to date, he added.

 

(Reporting by Christian Kraemer, writing by Andrey Sychev, editing by Rachel More)

 

Recent Post: