Samsung 2nd among patent holders in US in 2018: Report

Source : IANS
Author : IANS
Last Updated: Tue, Aug 13th, 2019, 18:01:54hrs
Samsung 2nd among patent holders in US in 2018: Report

San Francisco: Samsung Electronics ranked second in the number of patents filed in the US last year, coming after IBM, a report by a US patent association said on Monday.

South Korean tech giant Samsung registered 5,836 patents in the US last year, following American tech behemoth IBM, a formidable leader with 9,088 patents, the Intellectual Property Owners Association (IPO) said.

Samsung's home rival LG Electronics Inc. was the seventh-largest patent holder with 2,473, moving up one notch from a year ago, the IPO said about the list of the "Top 300 Organizations Granted U.S. Patents in 2018", Yonhap news agency reported.

Other Korean tech firms in the top 100 list were Samsung Display Co. (17th), Hyundai Motor Co. (22th), SK hynix Inc. (45th), LG Display Co. (53th), LG Chem Ltd. (61th) and LG Innotek Co. (87th), it noted.

By country, six American companies were on the top 10 list, trailed by South Korea with two. Japan and Taiwan each had one on the list, it noted.