After China, India (1,394) is the largest user of the PCT system among BRICS countries, followed by the Russian Federation (890), Brazil (581) and South Africa (297).
The UN World Intellectual Property Organization (WIPO) said China and the US together accounted for 87 per cent of the total growth in filings under WIPO s Patent Cooperation Treaty (PCT).
Telecoms giant Huawei Technologies Co., Ltd. of China, with 3,442 published applications, overtook Panasonic Corp. of Japan as the largest applicant in 2014.
The agency also noted that “in a significant development,” the US became the biggest filer of international trademark under the so-called WIPO Madrid System, which the agency described as a one-stop solution for registering and managing marks worldwide.
Two recent Madrid members India and Mexico saw a considerable increase in their Madrid filing, with India registering a 273 per cent growth while Mexico 74 per cent.