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Huawei, Tencent among top cybersecurity patent holders as China fosters own tech, report says - TL;DR CNBC

Huawei, Tencent among top cybersecurity patent holders as China fosters own tech, report says

Publishing timestamp: 2023-11-06 00:43:39


Summary

The article reports that Chinese companies, including Huawei and Tencent, have gained ground in global patent holdings in the cybersecurity technology sector amid growing tensions between the US and China. Chinese firms accounted for six of the top 10 global patent holdings in this sector. The report also mentions other Chinese companies, such as Alibaba Group Holding and Ant Group, that have significant patent holdings. The article highlights the increasing filings by Chinese firms in recent years and the importance of intellectual property protection in the battle for advanced technology and data.


Sentiment: NEUTRAL

Tickers: BABA700-HKIBM

Keywords: business newstechnologyu.s. economybreaking news: technologyalibaba group holding ltdinternational business machines corptencent holdings ltd

Source: https://www.cnbc.com/2023/11/06/huawei-tencent-grow-in-patent-holdings-as-china-fosters-own-tech-report.html


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