It is reported by WIPO (World Intellectual Property Organization) that the global Patent applications showed a rise the year 2010. With a strong economic growth in countries like China, Korea and Japan, the patent applications have shown a marked increase. The number of patent applications filed under PCT ( Patent Cooperation Treaty) increased by 4.8 per cent in 2010. "Overall, PCT filings recovered from the economic crisis-induced drop in 2009, almost reaching their 2008 level,” WIPO Director-General Francis Gurry, said. Panasonic Corporation from Japan kept the top slot in the list of PCT applications published in 2010 (2,154), followed by Chinese telecommunications giant ZTE Corporation (1,863) and Qualcomm Incorporated from US (1,677).
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