Samsung Electronics Co. is no doubt the third-largest number of patents related to artificial intelligence (AI), coming much behind two US tech giants. This has been revealed in a report. Microsoft Corp. has indeed had the most, with 18,363 AI-related patents as of January, followed by IBM Corp. with 15,046 and Samsung with 11,243. This is based upon a report let out by Germany-based researcher IPlytics.
Samsung has third-largest number of patents on AI
Five of the top 10 companies were no doubt based in the United States, two in Japan, one in South Korea, one in the Netherlands and one Germany, according to Yonhap news agency reported. The number of AI-related patents per year has indeed increased from 22,913 in 2008 to 78,085 in 2018 as more tech companies have delved into the replication of human intelligence by machines for use in a wide range of industries, it noted. The more countries in which an invention has been rather patented, the higher the perceived international market potential for the patented invention says a study. Samsung also happens to be the world’s largest smartphone maker, and has been racing to propel innovation in AI technology in order to foster new growth drivers, have been working on various types of AI applications in smartphones and other electronics in its AI labs.
Samsung Electronics Co. has indeed the third-largest number of patents related to artificial intelligence (AI), coming behind two U.S. tech giants, a report showed Friday. Microsoft Corp. has, in fact, the most, with 18,363 AI-related patents as of January, followed by IBM Corp. with 15,046 and Samsung with 11,243, according to the report by Germany-based researcher IPlytics.
Five of the top 10 companies are based in the United States, two in Japan, one in South Korea, one in the Netherlands and one Germany. The number of AI-related patents per year has jumped from 22,913 in 2008 to 78,085 in 2018 as indeed more tech companies have delved into the replication of human intelligence by machines for use in a wide range of industries, it noted.
The more countries in which an invention has been patented, the higher the perceived international market potential for the patented invention, the study claims. Samsung, also the world’s largest smartphone maker, has been racing to propel innovation in AI technology to foster new growth drivers, have been working on various types of AI applications in smartphones and other electronics in its AI labs.
Samsung is indeed a very popular smartphone and has made good outreach in the smartphone market. In the electronics industry, the Samsung smartphone has carved a well-established niche for itself and has competed well with other smartphones in the market.
In the field of Artificial Intelligence also it has proved well and has a patented invention it is much in demand. A product gains credibility by its authenticity and Samsung has achieved these parameters.
The industry has well received the Samsung smartphone and its usage is indeed gaining much ground in the smartphone market industry.
