Wednesday, July 7, 2021

CHINA'S TIGHTENING GRIP ON INTELLECTUAL PROPERTY

 A Chinese tech giant filed more patents in Canada last year than any other company, evidence of what some observers say is a failure by Canada to secure the critical intellectual property rights needed to build next-generation technologies.

Guangdong Oppo Mobile Telecommunications, a Chinese consumer electronics and smartphone maker, filed 281 individual patents in Canada’s intellectual property office in 2019-20. U.S. semiconductor company Qualcomm was second on the Top 10 list, followed by several other American firms and two Chinese multinationals, Huawei Technologies (sixth) and Alibaba Group (10th). State-owned oil giant Saudi Aramco was seventh.

All companies on the Top 10 list were foreign (nine of them American or Chinese) as firms continue to funnel huge resources into ensuring that they have priority ownership on the technologies of the future, including anything from smartphone software to chemical ingredients for car batteries.

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