ZTE’s patented engineering worth exceeds RMB 45 billion

SHENZHEN, China, April 25, 2021 /PRNewswire/ — ZTE Company (0763.HK / 000063.SZ), a key global service provider of telecommunications, business and customer know-how remedies for the Cell Internet, has been included amongst significant individuals and setters of the world wide 5G standards for main the planet in 5G technologies, patents, criteria, industries, and terminals, according to the latest report “Worries and Potential customers for China’s Telecommunications Market and Mental Assets Industry ” by proven investment administration enterprise Jones Lang LaSalle (JLL).

According to the report, ZTE has also been ranked in the first tier of world patent structure in recognition of its contribution to the exploration and typical options of the international 5G technologies. To date, ZTE’s patented technology value has exceeded RMB 45 billion.

Fully commited to creating benefit for clients by way of the accumulation of substantial-excellent patents and aimed to be a “digital financial state highway builder”

With the advent of the digital financial state era, a new generation of cell information and facts technological innovation like 5G, has produced into a key driving drive for the electronic transformation and upgrading of the complete culture. Maximizing independent technological innovation and strengthening the cultivation and format of substantial-high-quality patents are participating in an critical job in the development of China’s enterprises. As a big contributor to the world wide 5G specifications, ZTE insists on developing its much better main competence and carries on to investigation and produce in crucial technologies and basic sciences. The company has invested additional than RMB 10 billion on a annually basis in the R&D in excess of the previous yrs. In 2020, its R&D investing reached RMB 14.8 billion, accounting for 14.6% of its working revenue.

As 5G engineering results in being experienced and gains increasing attractiveness, main world wide companies are constructing their core competitiveness in the iterative patent layout. ZTE has launched a significant-high-quality patent structure in quite a few 5G-relevant fields. The company frequently strengthens its ground breaking R&D abilities to sustain its competitive strengths in the domestic and global marketplaces. In addition, by virtue of its international strategic format,the corporation continues to convey its prospects the modern solutions and high-high-quality companies, and is dedicated to developing benefit for its shoppers as a “electronic financial system highway builder”.

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ZTE, backed up with its significant R&D shelling out and continuous engineering accumulation, has filed over 80,000 world patent apps by March 2021, and gathered additional than 38,000 granted patents globally, which include 4,270 chip patent purposes and more than 1,800 granted patents. In accordance to the most up-to-date report “Who is top the 5G patent race?” posted in February by IPlytics, ZTE has been bundled world prime 3 for its sustainable leadership in 5G declared Common-Critical Patents(SEP) to ETSI.

Productive procedure strategies successfully driving the conversion of innovation achievements, boosting significant-excellent progress of the intangible assets

With the substantial enhancement of the innovation and development abilities, ZTE has been frequently strengthening the utilization of intellectual property (IP). In addition to reinforcing the cultivation and structure of significant-price patents, ZTE proactively promotes the software, conversion and implementation of patents beneath highly efficient operation procedures. On the a person hand, it makes initiatives to improve the alignment of patent programs and technologies R&D with sector need, though repeatedly enhancing the good quality of patent apps. On the other hand, with the establishment of a administration process across the whole IP life cycle, IP management is executed in all operate flows including R&D, marketing and advertising, procurement, creation style and design and profits and so on. In this way, a perfectly-conceived and effective patent defense network is built to boost the high-top quality progress of the industrial price of the company’s intangible property.

“As a single of China’s higher-tech organizations in international competition, ZTE is completely mindful of the worth and significance of unbiased R&D and technological innovation. The corporation has taken care of potent financial investment in R&D for a long time and has accrued a massive number of impressive technological achievements,” reported Hu Yi, Vice President and Head of Intellectual Home Division at ZTE Corporation. “Some of these achievements have been transformed into substantial-tech products and solutions to aid ZTE grow overseas markets like Europe and North The united states, and some of them have made into intangible belongings together with intellectual properties, such as patents. “

“With the development of the times and the improvement of the industries, ZTE actively seeks how to further discover and leverage the worth of intangible assets. The firm reaches patent cross-licensing with mainstream corporations in the telecoms marketplace, thereby obtaining immediate iteration of new systems and merchandise by commercial interactions and advertising and marketing telecoms marketplace technologies to further effect vertical industries.”

“Apart from, we acquire sensible R&D investment by transfers, licensing and other management solutions to establish a closed loop of sustainable improvement of “Innovation – Procedure – Re-innovation”. In the earlier handful of a long time, ZTE’s intellectual qualities cash flow has developed steadily, which has brought cash added benefits to the business and will carry on to make predictable added benefits. It is estimated that our intellectual houses will deliver just about RMB 4.5-6 billion earnings to the firm in the course of the period from 2021 to 2025.” added Mr Hu Yi.

As the very best practitioner of worldwide innovation and intellectual residence business worth, ZTE has often regarded intellectual home as the main approach for organization development. Going forwards, ZTE will proceed to increase its core competence by enhancing the high quality of intellectual house generation, and the effectiveness of utilization and management of IP. Whilst obtaining a superior balance in between technological innovation financial investment and mental home return, ZTE will be part of forces with all companions to endorse a higher-top quality advancement of the IP ecosystem, and empower the electronic and clever transformation and upgrading of culture.

Be sure to refer to the following url for the comprehensive report:
http://www.whytouch.com/pdf/gb483f72362e6573c99190c96622507e/index.php

Media Contacts:
Margrete Ma
ZTE Corporation
Tel: +86 755 26775189
Electronic mail: [email protected]

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