Huawei U.S. Patent Grants Drop 24% in 2023; BOE Drops Out of the Top 10
Accordingly to analysis by Harrity Patent Analytics, Huawei ranked 10th for US patent grants in 2023, down 3 spots from 2022 with a 24% drop in patent grants. BOE Technology Group Co., Ltd. dropped even further to 19th down from 8th in 2022. BOE had a 38% drop in granted US patents. Tencent was 54th this year with an 11% drop in patent grants. Oppo was down 32%. Baidu was up only 1%. Xiaomi was down 7% and didn’t make the top 100 in 2023. Alibaba was down 49%. In contrast, US companies advanced with Qualcomm patent grants up 46%, Alphabet (Google) up 23% and Apple up 11%.
The drop in Chinese patent grants reverse the trend of growing US patent grants for Chinese companies. Huawei’s patents grants in 2022 were up 3%, BOE up 27%, Baidu up 43% and Xiaomi up 33%.
Possible reasons for the drop in grants to Chinese entities may include a poorly performing Chinese economy, the reduction and elimination of government subsidies for foreign patent grants, the impact of COVID-19 on patent application filings the past few years; and geopolitical tensions.
Top 10 Chinese Grantees of U.S. Patents in 2023
Rank | Company | 2023 Patents | % Change from 2022 |
10 | HUAWEI TECHNOLOGIES CO., LTD. | 2290 | -24% |
19 | BOE TECHNOLOGY GROUP CO., LTD | 1695 | -38% |
54 | TENCENT HOLDINGS LTD | 702 | -11% |
67 | BAIDU, INC. | 626 | +1% |
77 | LENOVO GROUP LIMITED | 530 | -16% |
84 | OPPO MOBILE TELECOMMUNICATIONS CORPORATION | 516 | -32% |
101 | XIAOMI INC. | 461 | -7% |
115 | TSINGHUA HOLDINGS | 372 | -3% |
121 | ZTE CORPORATION | 351 | -14% |
122 | BYTEDANCE LTD. | 350 | +119% |
Source: https://harrityllp.com/patent300/
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