According to statistics released by the Intellectual Property Office ("IPO"), the total number of patent applications filed in Q2 of 2014 slide 8.14 % due to a decrease in invention applications. Further, the number of pending patent applications dropped below 120,000, the first time in quite awhile. Besides Hon Hai Precision Industry Co. (229 applications), who ranks No. 1, the panel industry occupies three spots in the top ten local applicants (AU Optronics Corp. ranks second with 104 applications; Wintek Corp. and Innolux Corp. share eighth spot with 37 applications, respectively). China Steel Corp. (36 applications) ranks 10th and is the only top ten applicants from the traditional industry.
The panel industry accounts for four spots in the top ten foreign patent applicants, with Nitto Denko Corp. (106 applications), Samsung Display Co. (99 applications), LG Chem Ltd. (95 applications) and Fuji Film Corp. (68 applications) being the 1st, 2nd, 3rd and 8th, respectively.
The hand-held electronic device maker Apple Inc. (76 applications) and Samsung Electronics Co. (20 applications) rank 4th and 48th, respectively. Taiwan-based HTC Corp. (22 applications) ranks 22nd. The decrease in the total amount of patent applications is quite significant.