BOE Technology Group Co recorded extraordinary growth in its international patent applications during 2016, an increase of 36.3 percent year-on-year, according to a report by the World Intellectual Property Organization (WIPO).

BOE filed 1,673 applications through the Patent Cooperation Treaty (PCT) in 2016, ranking eighth worldwide, together with ZTE and Huawei.

BOE’S IP capacities went from strength to strength and played an important role in the global market, making it the second largest corporation in the semiconductor industry after Samsung Electronics, according to the 2016 State of Innovation report released by Thomson Reuters.

Founded in 1967, WIPO is the global forum for intellectual property services, policy, information and cooperation.

BOE is a supplier of internet of things technologies, products and services, with core businesses including display devices, smart systems and healthcare services, widely used in a broad spectrum of applications.