ZTE’s patented technological know-how benefit exceeds RMB 45 billion

SHENZHEN, China, April 25, 2021 /CNW/ — ZTE Company (0763.HK / 000063.SZ), a key intercontinental supplier of telecommunications, company and customer technological innovation options for the Cellular Internet, has been incorporated between key members and setters of the worldwide 5G expectations for major the environment in 5G engineering, patents, requirements, industries, and terminals, in accordance to the latest report “Difficulties and Prospective customers for China’s Telecommunications Field and Intellectual Residence Market ” by established investment management business Jones Lang LaSalle (JLL).

According to the report, ZTE has also been ranked in the initial tier of worldwide patent structure in recognition of its contribution to the study and typical options of the world wide 5G technological innovation. To day, ZTE’s patented technologies worth has exceeded RMB 45 billion.

Fully commited to making benefit for buyers by the accumulation of superior-high quality patents and aimed to be a “electronic economy street builder”

With the arrival of the electronic financial system era, a new generation of mobile facts technologies like 5G, has designed into a essential driving pressure for the digital transformation and upgrading of the full modern society. Enhancing impartial technological innovation and strengthening the cultivation and structure of higher-excellent patents are taking part in an significant purpose in the improvement of China’s enterprises. As a big contributor to the world 5G requirements, ZTE insists on building its stronger core competence and proceeds to research and create in key systems and standard sciences. The enterprise has invested additional than RMB 10 billion on a annually foundation in the R&D above the earlier yrs. In 2020, its R&D investing attained RMB 14.8 billion, accounting for 14.6% of its operating profits.

As 5G technological innovation becomes mature and gains raising attractiveness, important worldwide brands are constructing their main competitiveness in the iterative patent layout. ZTE has introduced a superior-excellent patent layout in a lot of 5G-connected fields. The business constantly strengthens its innovative R&D capabilities to keep its aggressive strengths in the domestic and global markets. On top of that, by virtue of its worldwide strategic structure,the organization carries on to deliver its clients the innovative products and significant-quality products and services, and is committed to making worth for its consumers as a “electronic financial state street builder”.

ZTE, backed up with its large R&D expending and continual know-how accumulation, has submitted over 80,000 global patent apps by March 2021, and amassed far more than 38,000 granted patents globally, such as 4,270 chip patent applications and far more than 1,800 granted patents. According to the newest report “Who is leading the 5G patent race?” published in February by IPlytics, ZTE has been included international leading 3 for its sustainable management in 5G declared Conventional-Important Patents(SEP) to ETSI. 

Successful operation tactics efficiently driving the conversion of innovation achievements, boosting superior-quality progress of the intangible property

With the major advancement of the innovation and generation abilities, ZTE has been continually strengthening the utilization of intellectual assets (IP). In addition to reinforcing the cultivation and layout of significant-price patents, ZTE proactively encourages the software, conversion and implementation of patents under hugely effective operation strategies. On the one hand, it would make endeavours to enhance the alignment of patent applications and know-how R&D with current market demand from customers, although continually improving upon the top quality of patent programs. On the other hand, with the institution of a administration method across the total IP lifetime cycle, IP administration is executed in all get the job done flows which include R&D, marketing, procurement, output layout and gross sales and so on. In this way, a nicely-conceived and economical patent safety network is created to advertise the substantial-good quality progress of the industrial benefit of the firm’s intangible property.

“As 1 of China’s superior-tech businesses in world wide opposition, ZTE is absolutely informed of the price and importance of impartial R&D and technological innovation. The organization has maintained powerful financial investment in R&D for decades and has gathered a large number of innovative technological achievements,” said Hu Yi, Vice President and Head of Intellectual Residence Office at ZTE Corporation. “Some of these achievements have been remodeled into higher-tech items to help ZTE increase abroad marketplaces like Europe and North The usa, and some of them have designed into intangible assets like mental qualities, these types of as patents. “

“With the progress of the periods and the enhancement of the industries, ZTE actively seeks how to further more explore and leverage the value of intangible belongings. The company reaches patent cross-licensing with mainstream organizations in the telecoms market, thus accomplishing speedy iteration of new systems and products and solutions via industrial interactions and advertising telecoms business technologies to additional effects vertical industries.”

“Other than, we obtain affordable R&D investment decision by means of transfers, licensing and other administration approaches to create a closed loop of sustainable improvement of “Innovation – Operation – Re-innovation”. In the past several years, ZTE’s intellectual qualities revenue has grown steadily, which has introduced funds added benefits to the company and will keep on to generate predictable added benefits. It is approximated that our mental houses will provide approximately RMB 4.5-6 billion profits to the company in the course of the time period from 2021 to 2025.” additional Mr Hu Yi.

As the greatest practitioner of world wide innovation and mental residence commercial value, ZTE has often regarded intellectual residence as the main method for enterprise development. Moving forwards, ZTE will keep on to make improvements to its main competence by enhancing the quality of intellectual property generation, and the performance of utilization and administration of IP. While reaching a good equilibrium in between technological innovation expenditure and intellectual house return, ZTE will sign up for forces with all associates to endorse a significant-good quality progress of the IP ecosystem, and empower the electronic and clever transformation and upgrading of culture.

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

Source ZTE Corporation

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