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In 2024, Huawei ranked #5 in U.S. patent grants, achieving 3,285 patents, a 44% increase from the previous year. Samsung and LG led the list with 9,304 and 5,156 patents, respectively, while other notable Chinese patentees included BOE Technologies at #14 and TCL Corp at #30, both showing significant growth.
China has reduced or eliminated export tax rebates on select aluminium and copper products, as well as refined oil and batteries, leading to a surge in aluminium futures prices in London. This move, which affects rebates on various aluminium products and other commodities, is seen as a strategic response to ongoing trade tensions, particularly following the recent US presidential elections. Shares of major metal producers in India are closely monitoring the situation as international soyoil prices also rise.
The US Department of Homeland Security warns that reliance on Chinese lithium batteries poses economic risks, highlighting concerns over supply chain dependencies. The report identifies companies like CATL and BYD as benefiting from state support, while the US government seeks to bolster domestic battery production through incentives. Despite efforts to curb Chinese competitiveness, analysts note that the pricing advantage of Chinese firms stems from established supply chains and market competition.
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Huawei ranks fifth in US patent grants with significant growth in 2024
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09:13 20.01.2025
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