Samsung Electronics Co Ltd Tops The List Of Patents Filers For Wearable Devices, Followed By Qualcomm And Apple Inc. (NASDAQ:AAPL)

Samsung Electronics Co Ltd (KRX:005930)(OTCMKTS:SSNLF) has made the most wearable patents filing between 2010 and May 2015. The other large wearable patent filers are Qualcomm, Inc. (NASDAQ:QCOM) and Apple Inc. (NASDAQ:AAPL). Samsung accounted for 4% of all the wearable patents filed in the cited period. A substantial amount of Samsung’s wearable patent filings included a medical touch, such as health monitoring.

It is emerging that a total of 41,301 patents relating to wearables were filed in the nearly five-year period between 2010 and mid-2015. Of the wearable patents, 4% were filed by Samsung, the name behind wrist wearable called Galaxy Gear.

Qualcomm accounts for 3%

Qualcomm, Inc. (NASDAQ:QCOM) made the second highest wearable patents filing in the period. The chipmaker accounted for 3% of all the wearable patents filed. Qualcomm currently dominates the wireless modem scene, but the company is looking for new growth in other device categories. It seems wearables look like an interesting play for Qualcomm.

Apple accounts for 2.2%

Apple Inc. (NASDAQ:AAPL) emerged as another large wearable patent filer, accounting for 2.2% of all the patents filed in the cited period.

Apple Inc. (NASDAQ:AAPL) has shown interest in bolstering the functionality of its smartwatch by supporting native data processing. The Apple Watch is also a health monitoring device, tracking heart rate readings and contributing to Apple’s HealthKit.

Lux Research discovered Samsung’s massive wearable patent filing. The firm noted that most of the wearable patent filings were made by developers that are not associated with the major companies.

Of the patents that Samsung filed, 25% have a medical touch. Samsung is expected to launch a fresh line of smartwatch to take on Apple Watch.

Google in the wearable arena

Although Google Inc (NASDAQ:GOOGL) hasn’t featured among the top wearable patent filers, the company is also active on the wearable front. Google was developed a wearable that is designed for the medical industry and can help with clinical trials as well.

Neha Gupta

Neha Gupta has been in the financial space for over six years now. Gupta earned her MBA degree from Symbiosis Centre of Distance Learning in 2009 and her passion for finance led her to pursue Chartered Financial Analyst (CFA) course. She has successfully completed Level II of her CFA. She is a veteran in article writing, which is depicted in her numerous pieces published on SeekingAlpha, Nextiphonenews, InsiderMonkey, MarketWatch, and Techinsider. Her crisp and eloquent writing finds its best place in Researchcows, where emphasis is given on developing rich content for various websites, products, business plans, trainings, and book writing.

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