Siemens is the leader in European patent applications
Huawei comes second, according to European Patent Office's application rankingsEuropost
Siemens submitted more patent applications than any other company in Europe in 2018, overtaking Huawei to first place in the European Patent Office's application rankings. According to data, company's employees submitted around 3,900 patent applications and 7,300 invention disclosure reports worldwide in fiscal 2018.
About 25 percent or more of these patents are in the areas of Industry 4.0 and digitalisation, where Siemens submitted considerably more applications for intellectual property rights than in 2017. The company also reported a substantial increase in the areas of artificial intelligence and cybersecurity.
In the meantime, the 2,493 patent applications saw Huawei in second place, followed by Samsung and LG. The last time the company was ranked top in Europe was in 2011.
"The ranking proves that Siemens is continually and consistently delivering outstanding innovation work, in particular, in digital technologies," said Beat Weibel, head of the Intellectual Property department at Siemens. "Nevertheless, our focus is not just on the mere number of patents but also on the quality and the broad regional distribution of our protective rights. Above all, digitalisation and the importance of the service business are making broader coverage necessary."
Currently Siemens holds a total of more than 65,000 patents.