Chinese companies have accelerated in global patent holdings amid escalating U.S.-China tensions, according to a report.
Chinese firms such as Huawei and Tencent accounted for six of the top 10 global patent holdings in the cybersecurity technology sector as of August. This comes as growing U.S. and China tensions have pushed the latter and its homegrown firms to seek tech self-reliance.Chinese companies have gained ground in global patent holdings in the cybersecurity technology sector amid growing U.S.-China tensions, according to a report fromaccounted for six of the top 10 global patent holdings in the cybersecurity technology sector as of August, based on data compiled by Nikkei in cooperation with U.S. information services provider LexisNexis.