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Korea’s patent functions exceeded 260,000 final 12 months for the primary time in historical past, rating fourth after Japan, the USA, and China. This demonstrates the acceleration of steady innovation efforts by Korean corporations, notably in cutting-edge industries resembling synthetic intelligence (AI) and quantum expertise, amid difficult international financial situations.
In keeping with the Ministry of Mental Property (MOIP) on Jan. 29, home patent functions totaled 260,797 final 12 months, a 5.9% improve from the earlier 12 months (246,245).
This marks the primary time breaking by 260,000 functions, 12 years after surpassing 200,000 in 2013. Japan was the primary nation on the planet to attain 260,000 functions in 1984, adopted by the USA in 1999 and China in 2008.
Korea is anticipated to take care of its place because the world’s 4th patent software nation in 2025, following 2024.
By trade, ICT-related trade patent functions, together with AI and quantum applied sciences, among the many high 10 home patent software fields, accounted for 27,033 functions, a 21.1% improve in comparison with the identical interval final 12 months.
Patent functions within the secondary battery subject additionally elevated by 14.4%. This was influenced by the rise in software numbers, pushed by Korea’s three main secondary battery corporations—LG Power Resolution, Samsung SDI, and SK On—and huge firms.
That is interpreted because of Korean corporations recognizing the AI transformation interval as a possibility and establishing meticulous patent methods centered on cutting-edge industrial fields resembling AI and quantum expertise.
Korean corporations’ abroad patent functions additionally elevated by 17.6% (67,025) in comparison with the earlier 12 months (56,989). Amongst these, patents filed in the USA accounted for the most important portion with 32,976 functions. Patents filed in China totaled 16,621, recording the best development fee (72.3%).
The development of increasing abroad patent functions to Vietnam, India, Taiwan, and different international locations for brand new abroad market growth is continuous. In keeping with the World Mental Property Group (WIPO), home corporations are repeatedly growing patent functions to Vietnam (31.4%), India (14.4%), Taiwan (8.1%), and different international locations.
Jung Jae-hwan, director of the Mental Property Data Bureau on the ministry, mentioned, “Regardless of rising international financial uncertainty, it is vitally constructive that our corporations’ patent functions are growing, centered on cutting-edge industrial fields resembling AI and quantum expertise,” and added, “We’ll additional strengthen assist for Korean corporations’ abroad patent acquisition.”
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