Latest News:  
Beijing   Overcast/Light rain    14 / 7 ℃  City Forecast


Chinese firms join ranks of global leaders in patent applications

By Shen Jingting (China Daily)

09:09, November 30, 2012

Nation's telecom equipment giants plunging resources into R&D sector

The Chinese telecom equipment manufacturers Huawei Technologies Co and ZTE Corp are trying to further build their strengths in innovation and provide secure products to customers.

Founded in the 1980s, the two companies, both based in the coastal city of Shenzhen, in South China, have quickly become leaders in the world's telecom industry and rising stars in the protection of intellectual property.

Huawei had $32.4 billion in revenues in 2011, a year-on-year increase of 11.7 percent. It has been the world's second-largest maker of telecommunications equipment measured by revenue since 2009, beating Nokia Corp, Siemens AG and Alcatel Lucent SA in that regard, and only coming in behind the Stockholm-based Ericsson.

ZTE owes its quick rise in part to its expansion around the world, especially into some emerging markets. ZTE is the world's fourth-largest mobile phone manufacturer measured by shipments and the fifth-largest seller of telecommunications equipment.

Many such companies' strategies place an emphasis on the need for innovation. ZTE, for example, invests an average of more than 10 percent of its total annual revenue into research and development every year. In the past three years, ZTE's investments into R&D surpassed 20 billion yuan ($3.21 billion), the company said.

"We believe human resources are the most important intangible asset a company has," said Wang Haibo, ZTE director of intellectual property.

About 40 percent of the 30,000 employees at ZTE now undertake R&D work. The company has more people performing that sort of work than any other listed Chinese company.

【1】 【2】 【3】

We recommend:

World's highest-altitude civilian airport to start operations

Global sales of Samsung's Galaxy Note 2 tops 5 mln mark

China to open Beijing-Guangzhou high-speed rail route slows

China Telecom starts iPhone 5 pre-orders

China's MA700 to take flight in 2016

Self-owned brands account for 11% of exports

HK's MTR buys first China-made locomotives

Staff members of bus company sort notes, coins

Construction of 6th Yellow River bridge underway


Leave your comment0 comments

  1. Name


Selections for you

  1. Anti-aircraft artillery regiment in training

  2. Chinese navy fleet enters West Pacific

  3. Christmas is around the corner

  4. TCM preventive treatment of discease

  5. Death toll hits 11 in NE China capsizing

  6. China's savings rate world's highest

  7. Sexy models pose for 2013 FC Barcelona Calendar

  8. Soon, You Can Eat KFC on Japan Airlines

Most Popular


  1. Reforms to give more weight to capital
  2. Obama's big test: averting "fiscal cliff"
  3. Commentary: Future money uncertainties
  4. Social progress in tolerance to ‘Nail Household’
  5. Preventing abuse of power in physical exam
  6. Will China run out of water by 2030?
  7. What’s behind pupils' bread and milk lunch?
  8. China's solar panel seeking revival at home
  9. Currency swaps to take on bigger role
  10. China's rise opportunity, rather than threat

What’s happening in China

Memorial service held for China's fighter jet production head

  1. Official probed for drug gang links
  2. Change your name to 'Liu Xuemei'
  3. Billionaire quits political post
  4. Fired officials aided poachers
  5. Whistle-blower arrested for economic crimes