China Filed Extra Chip Patents Than US in 2022: Report

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China is neither the world’s largest developer of chips nor the world’s largest maker of semiconductors. Nevertheless, its swiftly-developing microelectronics business appears to be producing patent functions at a speedy tempo. Final yr, Chinese language firms filed over half of all semiconductor-related patents globally, in keeping with a report from Mathys & Squire, an mental property regulation agency.

“World powers such because the U.S., China and the E.U. are competing to be leaders in semiconductor know-how,” mentioned Edd Cavanna, Managing Affiliate at Mathys & Squire. “That claims all of it relating to their significance for the way forward for the financial system.”

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