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				There were 298,407 utility patents granted in 2015, down 
				slightly from 2014, IFI Claims said on Wednesday. IBM gained 
				7,355 patents last year. Utility patents cover function rather 
				than design. 
				 
				Among the technology giants notable for their intellectual 
				property, Alphabet Inc's <GOOGL.O> Google stepped up its patent 
				activity, moving to the fifth position from eighth in 2014, 
				while Apple Inc <AAPL.O> stayed at the 11th position. 
				 
				Patents are sometimes the subject of legal battles, and 
				investors, analysts and enthusiasts alike track patents closely 
				to see what companies are looking to develop next. 
				 
				Following IBM, Samsung Electronics Co Ltd <005930.KS> and Canon 
				Inc <7751.T> rounded off the top three spots, the ranking 
				showed. 
				 
				The U.S. patent counts for 2015 fell for the first time since 
				2007, according to the ranking. 
				 
				Microsoft Corp's <MSFT.O> patents dropped significantly in 2015, 
				sliding to tenth on the list with a near 31 percent decrease in 
				patents. 
				 
				Companies such as Microsoft and Panasonic <6752.T> have assigned 
				some patents to newly formed holding companies, which explains 
				why several entities dropped considerably lower in the rankings, 
				IFI said. 
				 
				"Rather than keeping all corporate patents under a single 
				registration, some companies are choosing to spread their 
				portfolios across multiple entities," said Larry Cady, an 
				analyst at IFI Claims. 
				 
				(Reporting by Anya George Tharakan in Bengaluru; Editing by 
				Cynthia Osterman) 
				
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