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Foreign companies filing patents in Singapore (Updated 2024)

Singapore’s ascent in the Global Innovation Index (WIPO)—from 8th place in 2015 to 5th in 2023—underscores its growing prominence as a global innovation hub. As Singapore continues to attract attention for its technological advancements and favorable business environment, it’s not just domestic companies driving this innovation surge.

In 2023, a significant number of foreign companies have sought to establish and protect their intellectual property in Singapore, indicating the country’s critical role in the global innovation landscape. This trend highlights Singapore’s strategic importance and its appeal as a key market for global enterprises.

Join us as we delve into the landscape of foreign patent applications in Singapore for 2023. Discover which global leaders are making their mark on Singaporean soil and what this means for the future of innovation in Singapore.

Curious about which domestic companies led in patent filings in Singapore in 2024? 

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Insights & Analysis:-

Tech Giants Dominate

      • SenseTime leads with 306 patents, underscoring its pivotal role in AI and computer vision innovations.
      • Panasonic (242 patents) and Huawei (126 patents) highlight significant contributions to intellectual property management and digital communications, respectively.

Diverse Industry Representation

    • Consumer Electronics:
      • Xiaomi (101 patents) and Oppo (97 patents) showcase relentless innovation in consumer electronics, enhancing user experience and product offerings.
      • Apple (40 patents) continues to drive advancements in software development and consumer electronics, maintaining its influence in the tech industry.
    • Medical Equipment and Healthcare:
      • ResMed (65 patents) highlights significant contributions to medical equipment, focusing on improving healthcare solutions.
      • Becton Dickinson (8 patents) and Roche (13 patents) emphasize the importance of innovation in medical technology and pharmaceuticals.
    • Financial Services and Fintech:
      • Mastercard (61 patents) and Visa (36 patents) showcase significant innovations in financial services, driving advancements in digital payment solutions.
      • Alipay (29 patents) reflects the growing influence of fintech in modern financial ecosystems.
    • Pharmaceuticals and Biotechnology:
      • Chugai Pharmaceuticals (28 patents) and Santen Pharmaceutical (21 patents) highlight significant contributions to the pharmaceutical industry.
      • Firmenich (9 patents) leads in fragrance and flavor innovations, showcasing advancements in biotechnological applications.

Emerging Technologies and Sustainability

      • Green Tech (18 patents) and Aquaporin (8 patents) emphasize innovations in wastewater treatment and water purification, reflecting a trend towards sustainable technology solutions.
      • Paxman Coolers (17 patents) and Suntory (16 patents) highlight advancements in specialized cooling technologies and beverage products, respectively.

Future Direction of Innovation       

    • AI and Computer Vision:
      • SenseTime‘s leadership in patent filings indicates a strong focus on AI and computer vision technologies, setting the direction for future innovations.
      • Google (18 patents) continues to drive advancements in IT and internet services, emphasizing the role of AI in modern technology landscapes.
    • Semiconductors and Electronics:
      • Kokusai Denki (19 patents) and Delta Electronics (27 patents) highlight significant contributions to semiconductor manufacturing and electronics, critical for technological progress.
      • ACM Research (Shanghai) (8 patents) underscores the importance of semiconductor innovations in the global market.

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Our comprehensive report provides an in-depth look into the patent portfolio. The report includes a breakdown of the patent portfolio across various technologies, listing the patent along with brief summaries of each patent's technology.