On February 10, the World Intellectual Property Organization (WIPO) announced the global international patent application rankings for 2021. China continued to rank first in the number of international patent applications. Among them, BOE (BOE Technology Group Co., Ltd.) ranked seventh in the world with 1,980 PCT patent applications, and has been in the top 10 of global PCT patent applications for six consecutive years. While demonstrating its leading R&D level and innovation strength, it has become the best interpretation of BOE's (BOE Technology Group Co., Ltd.) "Screen Internet of Things" strategy in terms of technological innovation.
BOE ranks seventh in the world in the World Intellectual Property Organization's 2021 patent application list
Since its establishment, BOE has always upheld its respect for technology and its persistence in innovation. It has invested a high proportion of its operating income in research and development every year, continuously promoted high-quality technological innovation, and achieved fruitful results. As of 2021, BOE has accumulated more than 70,000 independent patent applications. Among the annual new patent applications, more than 90% are invention patents and 35% are overseas patents. Among them, patent applications in the fields of OLED, sensing, artificial intelligence, big data, etc. account for more than 50%, covering the United States, Europe, Japan, South Korea and other countries and regions, providing strong impetus for its high-quality development and high growth in performance.
BOE's technological innovations have been fully applied to multi-format flexible displays, 8K ultra-high-definition displays, as well as innovative IoT fields such as smart retail, smart finance, smart car networking, smart parks, and smart education, bringing people high-quality products and smart solutions that integrate software and hardware. In December 2021, BOE officially released the first technology brand in China's semiconductor display field, ushering in a new era of "technology + brand" dual value drive, and becoming another example of its growing technological strength.
In 2022, BOE's technological innovation capabilities have been repeatedly recognized by authoritative organizations around the world. In the 2021 statistical report released by patent service agency IFI Claims, BOE ranked 11th in the world in the US patent authorization rankings, ranking among the top 20 in the world for the fourth consecutive year.
Innovation is the driving force for enterprises to achieve sustainable development. Chinese enterprises are gradually becoming the backbone of global technological innovation. As a global IoT innovation company, BOE (BOE Technology Group Co., Ltd.) leads the industry in terms of patent applications and coverage of new products. In the future, BOE (BOE Technology Group Co., Ltd.) will continue to promote cutting-edge technological innovations such as digital economy, intelligent manufacturing, IoT, and artificial intelligence, empower ecological partners and thousands of application scenarios with more leading products and services, promote the implementation of the "Screen IoT" strategy, enable more people to benefit from technological innovation, and continue to change their lives with heart.
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