The World’s 50 Most Innovative Companies

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20. Telefonaktiebolaget LM Ericsson AB
> 2018 patent grants: 1,353
> 2017 patent grants: 1,551
> Country: Sweden
> Products: IT services, public safety management, electronic components

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19. Hyundai Motor Co
> 2018 patent grants: 1,369
> 2017 patent grants: 1,303
> Country: South Korea
> Products: Automobiles

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18. BoE Technology Group Co Ltd
> 2018 patent grants: 1,634
> 2017 patent grants: 1,413
> Country: China
> Products: Data collection and processing

Source: Sean Gallup / Getty Images

17. Huawei Technologies Co Ltd
> 2018 patent grants: 1,680
> 2017 patent grants: 1,474
> Country: China
> Products: Mobile phones, tablets, routers, IT infrastructure

Source: Justin Sullivan / Getty Images

16. General Electric
> 2018 patent grants: 1,716
> 2017 patent grants: 1,740
> Country: USA
> Products: Home appliances, jet engines, commercial lending