South Korea secured a significant global ranking. The nation stands second worldwide in neuromorphic chip patent growth. These chips are crucial for the next generation of artificial intelligence.
PATENT GROWTH EXPLODES
Korea’s growth rate reached 39.1%. This spans a 22-year period. Officials analyzed data from 2003 to 2024. This growth places Korea right behind China. China’s growth rate was 39.3%. The United States, China, the EU, and Japan also submitted data. These nations form the IP5 group.
Korea also boasts high application volume. It ranks third globally in total applications. The nation filed 702 patents. The US leads the world with 1,528 filings. China holds second place with 839 applications.
KOREAN FIRMS DOMINATE TOP 10
Korean corporations show strong technological leadership. Four institutions appear in the global top 10 list.
- Samsung Electronics ranks highest. It secured the third overall spot. The firm filed 183 patents.
- The Electronics and Telecommunications Research Institute (ETRI) followed. It holds the sixth position with 85 filings.
- SK hynix came in seventh. It filed 84 applications.
- Seoul National University also made the list. The university ranked ninth with 56 filings.
Globally, IBM and Qualcomm led the individual applicant rankings.
CHIPS MIMIC THE HUMAN BRAIN
Neuromorphic semiconductors mimic the human brain. They copy the brain’s neural network structure. This design allows for computations with lower power consumption. They use less power than traditional methods.
Experts expect wide adoption of the technology. Key application fields include Autonomous Driving and intelligent robots. They will also impact biometric recognition and medical diagnostics.
The market is set for massive growth. Last year, the market value was $28.5 million. Analysts project huge expansion by 2030. They forecast a market size of $1.3252 billion. This reflects an average annual growth rate of 89.7%.
