The LEHMAN, Lee & Xu
China Patents Newsletter keeps you up to date on recent developments in China Patents law and news
Chinese Companies Become Patents Power Players
Throughout the process of going global, Chinese enterprises have increasingly emphasized intellectual property protection and adopted intellectual property strategies according to their own situations. ZTE Corp, a major Chinese information and communications technology provider based in Shenzhen, regards IP as a key strategy.
ZTE has filed nearly 70,000 patent applications to date, with more than 25,000 patents being authorized by authorities around the world. ZTE is one of the leaders in terms of IP in China, and a leader in specific fields worldwide. ZTE was recently rated No 1 worldwide patent holder in “Internet of Things” technologies. ZTE is the Chinese enterprise that has faced the largest number of IP disputes in the past few years, including more than 180 lawsuits overseas and about 60 at home.
China Star Optoelectronics Technology, a leading Chinese liquid-crystal display manufacturer based in Shenzhen, also highlights cooperation in international IP operations. The company, has filed nearly 19,000 patent applications in the past several years and is now the holder of more than 4,480 authorized patents.
China has become a major power in the world's IP sector, as the number of its patent applications reached 1.1 million last year, according to a recent report by the World Intellectual Property Organization. This was the first time that a nation's patent filings surpassed the 1 million benchmark, said the report, adding that China had topped the WIPO ranking list of patent applications for five consecutive years.
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