We often talk about Amway’s innovation and industry-leading R&D that has 800+ patents held worldwide, but rarely do we see a third party evaluate the quality of these patents.
In 2013, Amway parent company (Alticor) placed 11th in the Top 20 Companies of The Patent Board’s Consumer Products industry scorecard, published on WSJ.com. The ranking seeks to measure the overall strength of the company’s patent portfolio holdings with a combined measure of quality and quantity.
This is great news for Amway!
The 10 companies that were ranked before Amway were Nike Inc., Procter & Gamble Co., Whirlpool Corp, LG Electronics Inc., Samsung Group, Acushnet Co., adidas AG, Kimberly-Clark Corp., Dyson James Ltd and Stanley Black & Decker Inc.
These are some great companies to be mentioned with, and we are proud to represent a company that focuses so heavily on moving forward with new technology!