Connect with us

Technology

Patent Index 2024: Patent applications from China at record level

Published

on

European Patent Office received nearly 200 000 patent applications last year, with 10.1% coming from ChinaChina ranks 4th globally in European patent applicationsHuawei is No.2 among top applicant companies China recorded a 0.5% YoY increase in applicationsStrongest growth globally came from electrical machinery, apparatus, energy inventionsSurge in AI and battery technology patent filings

MUNICH and BEIJING, March 26, 2025 /PRNewswire/ — Chinese companies and researchers filed 20 081 patent applications last year at the European Patent Office (EPO), a new record. China ranks 4th worldwide accounting for 10.1% of total applications at the EPO. This demonstrates the strong presence of Chinese companies in the European technology market. Overall, a total of 199 264 patent applications were filed at the EPO last year from around the world. This high level of patenting activity is comparable to the previous year (2023: 199 452), following three years of significant growth.

“Despite political and economic uncertainties, companies and inventors from around the world filed a high number of patents last year, underlining their technological prowess and their continued investment in R&D,” said EPO President António Campinos. “The EPO’s patent data is a clear roadmap for industry, policy, and investment priorities – tracking global innovation trends and offering insights into European patent application activity across industries and regions.”

China’s innovation momentum remains strong

In 2024, China ranked fourth worldwide, after the United States (47,787 applications), Germany (25,033 applications), and Japan (21,062 applications), but ahead of Republic of Korea in fifth place (13,107 applications). Notably, patent applications from China have grown consistently over the past decade:  While growth slowed in 2024 (+0.5% compared to 2023), applications from China have more than doubled since 2018; and more than quadrupled since 2014.

China’s European patent highlights: Huawei tops Chinese applicant list

The leading Chinese company was Huawei, which was ranked second at the EPO behind Samsung in 2024, followed by LG, Qualcomm and RTX. The top 10 includes four companies from Europe, two from R. Korea, two from the US, and one from each of China and Japan.

In addition to Huawei (4,322 applications), five other Chinese companies ranked in the top 50 applicants at the EPO, showcasing China’s robust innovation capabilities and active participation in European patent applications. The rankings include CATL at number 14, with 1,163 European patent applications, ZTE at 16, with 999 applications, Xiaomi at number 20, with 763 applications, Vivo Mobile at 28, with 622 applications and finally Tencent at number 49, with 446 European patent applications. (See graph “Top applicants at the EPO from P.R. China“)

Computer tech tops EPO patent rankings Computer technology, which includes areas of AI such as machine learning and pattern recognition, was the leading global field at the EPO for the first time, with 16,815 patent applications in 2024. Electrical machinery, apparatus, energy posted the strongest growth last year (+8.9% on 2023), driven by advances in clean energy technologies, particularly battery innovation (+24.0%). Meanwhile, digital communication, which encompasses inventions related to mobile networks, saw a 6.3% decrease.

Surge in patents from China in battery technologies

For China, the three leading technical fields for European patent filings in 2024 were digital communication, electrical machinery, apparatus, and computer technology — mirroring global trends. The strongest growth from Chinese companies was in electrical machinery, apparatus, energy, which increased by +32.2% in 2024 compared to 2023. This was thanks to a surge from China in patent applications for battery-related technologies (+79%), with four Chinese companies now among the top 15 applicants in battery technologies (up from two in 2023): CATL, Eve Energy, BYD and Zhuhai CosMX Battery. Chinese firms are also becoming active in patenting in a range of other areas, including biotechnology (+15.1%), and organic fine chemistry (+16.1%).

Unitary Patent gains in popularity among Chinese patent proprietors

The Unitary Patent system, launched in 2023, continues to gain momentum, offering innovators from around the world simpler and more accessible patent protection across 18 EU Member States with a single request to the EPO. Unitary protection was requested for 25.6% of all European patents granted by the EPO in 2024 totalling over 28,000 requests. Patentees from EPO member states had the highest uptake rate, with 36.5% of their European patents transformed into Unitary Patents, followed by those from Republic of Korea (18.9%),China (17.9%, up from 10.9%), the US (16.0%), and Japan (7.9%).

Further information

View the Patent Index 2024 in fullExplore and customise statistics in our Statistics & Trends CentreAccess Unitary Patent statistics via our dedicated dashboardDownload datasets (MS Excel) in the Download data section of our statistics pageCheck patent trends on the go with the EPO Data Hub mobile appRead studies on innovation trends at the Observatory on Patents and Technology EPO’s support for SMEs, universities, non-profit organisations and other smaller applicants

Follow us on social media: X | Facebook | LinkedIn | Instagram | YouTube

Official hashtag: #EPOPatentIndex

About the EPO

With 6 300 staff members, the European Patent Office (EPO) is one of the largest public service institutions in Europe. Headquartered in Munich with offices in Berlin, Brussels, The Hague and Vienna, the EPO was founded with the aim of strengthening co-operation on patents in Europe. Through the EPO’s centralised patent granting procedure, inventors are able to obtain high-quality patent protection in up to 45 countries, covering a market of some 700 million people. The EPO is also the world’s leading authority in patent information and patent searching.

 

View original content:https://www.prnewswire.co.uk/news-releases/patent-index-2024-patent-applications-from-china-at-record-level-302412509.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Yon Raz-Fridman Joins Intrinsic Labs as Co-Founder and Partner

Published

on

By

Most AI companies are selling software. Intrinsic is deploying AI workers into the core operations of mid-market companies – and just brought in a serial tech entrepreneur to help the firm scale across the Heartland.

COLUMBUS, Ohio, April 30, 2026 /PRNewswire/ — Intrinsic Labs today announced that Yon Raz-Fridman has joined the firm as a Co-Founder and Partner.

Raz-Fridman has spent nearly two decades building across software, hardware, and platform businesses. Early in his career, he served as Chief of Staff to the President of Keter Group, a $1 billion-plus global consumer products manufacturer. He went on to co-found Kano, the award-winning educational computing company, and later founded Supersocial, the immersive gaming studio acquired by Super League Enterprises in 2025. He is a member of the World Economic Forum’s Technology Convergence Council.

He joins Intrinsic at a moment when mid-market companies are moving from AI experimentation to deployment. Intrinsic works with operators in logistics, construction, insurance, manufacturing, and industrial markets to deploy AI workers into the workflows that run the business – increasing throughput, reducing manual work, and expanding capacity without adding headcount.

The firm has built its reputation on practical deployments tied to real operating metrics. In one engagement with a national real estate brokerage, Intrinsic’s AI Accounting Agents reached 97% invoice coding accuracy, automated 90% of the AP workflow, and fully removed FTEs from the review flow.

“Yon understands what it takes to build and scale in the real world,” said Jon Slemp, Managing Partner at Intrinsic Labs. “Our clients aren’t buying flashy agents, they’re buying outcomes and reliable labor. They need agentic systems that take work off their teams, perform reliably, and produce measurable gains in throughput and capacity. That’s what we build.”

As Co-Founder, Raz-Fridman will oversee Intrinsic’s expansion – designing the channel relationships, institutional partnerships, and market positioning that take the firm from a proven Ohio model to the defining AI workforce platform for America’s industrial middle market.

“The companies that win over the next decade will be the ones that figure out how to staff AI into their operations and manage it like a workforce. Intrinsic is doing that work now, inside real businesses, tied to real outputs. The Heartland is exactly the right place to prove this model, and Intrinsic is exactly the right team to do it.” — Yon Raz-Fridman

About Intrinsic Labs LLC
Intrinsic Labs helps mid-market companies deploy AI workers into the workflows that run their business. The firm focuses on logistics, construction, insurance, manufacturing, and industrial markets, where manual work, fragmented systems, and labor constraints create clear opportunities for leverage. Intrinsic works with clients to put AI workers into production, tie them to operating KPIs, and help teams scale output without scaling headcount. https://www.intrinsic-labs.ai/  

About Team Yon LLC
Team Yon LLC is a management company founded by Yon Raz-Fridman that incubates new ventures, provides executive leadership, and makes strategic investments at the intersection of emerging technology and human advancement. Through Team Yon LLC, Raz-Fridman partners with founders and operators across healthcare, AI, and frontier technology – including his role as co-founder and Partner at Intrinsic Labs. https://teamyon.org

Media Contact:hello@intrinsic-labs.ai

View original content to download multimedia:https://www.prnewswire.com/news-releases/yon-raz-fridman-joins-intrinsic-labs-as-co-founder-and-partner-302756994.html

SOURCE Team Yon LLC

Continue Reading

Technology

Wipfli to complete CompliancePoint transaction and add associates, expanding capabilities

Published

on

By

MILWAUKEE, April 30, 2026 /PRNewswire/ — Wipfli, a top 25 national advisory and accounting firm, announced today it has entered into an agreement with CompliancePoint Inc., a provider of risk management services focused on information security, data privacy and regulatory compliance. 2 partners and 52 associates will join the firm as a result of the transaction.

Based in Duluth, Georgia, CompliancePoint brings specialization across cybersecurity, privacy and compliance, serving clients across a wide variety of industries. The addition strengthens Wipfli’s risk management offerings and expands its ability to help organizations navigate regulatory scrutiny, evolving cybersecurity threats and complex data protection requirements.

“Organizations today are under more pressure than ever to protect sensitive information and operate responsibly in an evolving regulatory environment,” said Kurt Gresens, CEO at Wipfli Advisory, LLC. “The team at CompliancePoint brings specialized experience and a strong, people-first approach that enhances how we support clients navigating today’s risk landscape.”

CompliancePoint has built its reputation on helping organizations manage risk across the full data lifecycle, with a holistic approach that recognizes how privacy, security and compliance intersect. The combined professional teams from CompliancePoint and Wipfli will deliver expanded, integrated advisory solutions designed to help clients proactively manage risk while supporting long-term growth and operational resilience.

“Wipfli shares our commitment to practical, client-focused solutions and long-term relationships,” said Greg Sparrow, CompliancePoint president. “Together, we’re expanding the resources available to our clients while continuing to deliver the specialized experience and trusted relationships they rely on.”

The addition of the CompliancePoint team also supports Wipfli’s continued investment in talent and innovation. CompliancePoint associates will join a national firm that emphasizes collaboration, professional development and meaningful client impact, while maintaining the specialized focus that has defined their work.

The transaction is expected to become effective on May 1st, 2026

About Wipfli

Wipfli is a leading national advisory and accounting firm with nearly 100 years of experience serving ambitious middle-market organizations. We understand our clients’ unique challenges and help them succeed on their terms through assurance, tax, advisory, outsourcing and technology services. With 3,000+ associates and global alliances, we combine national capabilities with local relationships. Wipfli operates under an alternative practice structure: Wipfli LLP, a licensed CPA firm, provides attest services, while Wipfli Advisory LLC, a non-CPA firm, delivers business advisory and non-attest services. Learn more at wipfli.com or contact Alicia O’Connell at alicia.oconnell@wipfli.com.

Media Contact

Alicia O’Connell
Wipfli
alicia.oconnell@wipfli.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/wipfli-to-complete-compliancepoint-transaction-and-add-associates-expanding-capabilities-302756208.html

SOURCE Wipfli

Continue Reading

Technology

Ginkgo Bioworks Announces Date of First Quarter 2026 Results Presentation

Published

on

By

Presentation and Q&A session scheduled for post-market on Thursday, May 7, 2026

BOSTON, April 30, 2026 /PRNewswire/ — Ginkgo Bioworks Holdings, Inc. (NYSE: DNA, “Ginkgo”) today announced that it plans to host a presentation and Q&A session reviewing business performance for the first quarter ended March 31, 2026, on Thursday, May 7, 2026, beginning at 4:30 p.m. ET.

The presentation details and webcast link will be available on Ginkgo’s investor relations website at https://investors.ginkgobioworks.com, and a replay will be made available.

To ask a question ahead of the presentation, please submit them to @Ginkgo on X (hashtag #GinkgoResults) or by sending an e-mail to investors@ginkgobioworks.com.

About Ginkgo Bioworks
Ginkgo Bioworks builds the tools that make biology easier to engineer for everyone. The company offers autonomous laboratories that replace manual laboratory work with robotics in the lab, greatly improving the productivity of scientists. Ginkgo’s in-house autonomous lab is also available as a “cloud lab” through our Datapoints and Solutions contract research services. For more information, visit ginkgobioworks.com and ginkgobiosecurity.com, read our blog, or follow us on social media channels such as X (@Ginkgo and @Ginkgo_Biosec), Instagram (@GinkgoBioworks), Threads (@GinkgoBioworks), or LinkedIn.

Ginkgo Bioworks Contacts:

INVESTOR CONTACT:

investors@ginkgobioworks.com 

MEDIA CONTACT:

press@ginkgobioworks.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/ginkgo-bioworks-announces-date-of-first-quarter-2026-results-presentation-302757632.html

SOURCE Ginkgo Bioworks

Continue Reading

Trending