Huawei has declared 3,147 5G standard essential patents (SEPs), ranking first in the number of SEPs among 5G companies worldwide, according to the latest data from IPlytics, a German patent data company, as reported on June 2.

SEPs declared by the Chinese technology company accounted for 15.05 percent of the global total, making it a leader in the 5G communication field, said.

According to Huawei’s 2019 financial report, the company spent 131.66 billion yuan ($18.49 billion) in research and development in the 2019 fiscal year, accounting for 15.3 percent of its total revenue.

Data also show that, including Huawei and ZTE, Chinese companies have a share of 34.02 percent among the global total in 5G SEPs, ranking first in the number.

Huawei was followed by Qualcomm, Nokia, Samsung, LG, ZTE, Ericsson, CATT, NTT DOCOMO and InterDigital.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

3 reasons markets could be in for a bumpy week

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business)Investors trying to decide how to place their bets heading into the last two months…

Intel in talks to buy Israel’s Moovit public transit app for $1 billion: media

TEL AVIV (Reuters) – Chipmaker Intel Corp is in advanced talks to acquire Israeli public transit app developer Moovit for $1 billion, financial news website Calcalist reported on Sunday. Moovit has raised $133 million from investors including Intel, BMW iVentures…

Soybean futures close higher

DALIAN – No 1 soybean futures closed higher Tuesday in daytime trading at the Dalian Commodity Exchange (DCE). The most active No 1 Soybean contract for January 2021 delivery gained 16 yuan ($2.3) to close at 4,339 yuan per ton.…

Art trade fair kicks off in Shanghai

The second Shanghai International Artwork Trade Month (SIATM) kicked off at the new Art Tower on West Bund in Shanghai’s Xuhui district on Oct 16. More than 100 art fairs and other trading events have been scheduled to take place…