Samsung Holds Lead for Wearables Patents
More than half (53 percent) of Samsung's wearable patents are relevant to user output components, such as displays and speakers.There have been 41,301 wearable electronics patents published from 2010 through May 2015, and filings are growing at a 40 percent compound annual growth rate (CAGR), according to a report from Lux Research. However, the report noted there are gaps in the portfolio, particularly with respect to flexible electronics. Samsung is the largest patent filer in both categories, accounting for four percent of wearables patents. Compared with global data, Lux’s report found Samsung also has a greater focus on arm/hand (35 percent) and head/neck (28 percent) form factors, reflecting its smartwatch and virtual reality (VR) headgear products. Also, more than half (53 percent) of its wearable patents are relevant to user output components, such as displays and speakers.
"Samsung is a major electronic device and component developer via Samsung Electronics, as well as a major display developer via Samsung Display," Tony Sun, a Lux Research analyst and lead author of the report, told eWEEK. "Thus, moving into wearable devices, such as smart watches and virtual reality goggles, are a natural fit for its existing technology portfolio, customer base, as well as manufacturing capability. As for Apple, it is the third filer in the wearable space but ranked about 20 in the printed, flexible, and organic electronics space."