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Title South Korea Ranks 7th in Patent Applications
Writer Admin Date 2005-04-14 Hits 1953
South Korea ranked seventh in the number of international patent applications last year. 

The nation filed for 3,521 patent applications in 2004, trailing the Netherlands, the United Kingdom, France, Germany, Japan and the United States, the World Intellectual Property Organization (WIPO) said Thursday. 

The 2004 figure was up 19.3 percent from 2003 when it filed 2,947 applications, ranking seventh above Sweden. 

The U.S., which ranked first, filed for 44,264 applications, followed by Japan with 41,870. 

Philips, the Netherlands-based electronics giant, ranked first among corporate groups in the number of patent applications filed, trailed by Matsushita Electric Industrial Co. of Japan and Siemens AG of Germany. 

South Korea’s Samsung Electronics Co. and LG Electronics Inc. ranked 20th and 26th, respectively.
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