Samsung
Samsung on second place in EPO Patent Applications
Samsung and LG are among the two companies that are ranked in second and third place among all the South Korean companies that have filled the patent application with the European Patent Office (EPO) which has also hit an all-time high last year.
‘Buisnesskorea’ revealed that the European Patent Office announced on April 5 2022 that the South Korean company EPO patent application hits an all-time high to 9394 Patent, which counts to about 3.4% more than last year. Samsung is in second place with 3439 patent applications and LG is third with 2422 patent applications, respectively.
Samsung has an increase of 5% YoY, While Huawei is on the top of this list. Talking about the other companies KT&G, POSCO, and SK hynix is in fourth, fifth, and sixth place with a patent count of 233, 168, and 138, respectively.
The participation of South Korean Companies is increasing year on year and has increased to 36.2 percent last year. Samsung application industry has also increased to 57 percent, and count to 13 percent in overall contribution in the semiconductor industry.
Intel and TSMC ration count is more than other Korean companies when compared with the previous year. LG has recorded the largest patent applications in the field of electronics and energy.
Speaking particularly about EPO patent application count which has reduced by 0.7% in 2020, but has increased by 4.5% in the year 2021. Digital Communications is one of those fields from which a major number of applications are received.