14 July, 2021, Shenzhen, China—SMOORE, a global leader in offering vaping technology solutions, today announced that it leads the global vaping industry in innovation with over 2,600 patent applications and 1,292 patent authorizations on a global scale while its ceramic atomization technology accounts for over 90% of its total patent applications.
Driven by its world-leading ceramic atomization technology, SMOORE’s flagship technology brand, FEELM has been widely recognized by consumers and clients around the world for its premium quality.
According to IFI Claims Patent Services, a global database of patent information, electrical smoking devices, or rather vaping devices, was the second fastest growing technology category in 2020 in terms of the number of patent applications, with a CAGR of 55.08% over the five-year period of 2016 to 2020.
For the past 15 years, SMOORE has played a leading role in pioneering key technologies in the vaping industry, hence its strong technological accumulation in the field of atomization. Meanwhile, the company has made significant progress on the application of atomization technology to more sectors other than vaping. For example, SMOORE has partnered with AIM ImmunoTech in atomized medication research to explore a potential inhalation therapy for COVID-19 and other respiratory viral diseases.
With the mission to build the world’s leading atomization technology platform, SMOORE has been constantly expanding its fundamental researches and strengthening its R&D capabilities to maintain its leading position.
In 2020, SMOORE’s R&D expenditure amounted to RMB419,806,000, an increase of approximately 51.3% over the previous year; its R&D spending accounted for 4.2% of revenue. Moreover, SMOORE’s R&D experts account for 46.4% of the total non-production employees.
Upholding the core development strategy of technology and manufacturing leadership, concentric diversification and tech branding, SMOORE is committed to providing clients with safe, healthy and high-quality products, so as to address the ever-changing requirements of global consumers.
SMOORE is a global leader in offering vaping technology solutions, including manufacturing vaping devices, and vaping components, with advanced R&D technology, strong manufacturing capacity, wide-spectrum product portfolio and diverse customer base. The Company is the world’s largest vaping device manufacturer in terms of revenue, accounting for 18.9% of the total global market share.
FEELM is a high-end atomization technology brand belonging to SMOORE. Focusing on the research of cutting-edge atomization technology, FEELM also specializes in the development and manufacturing of high quality atomization devices driven by FEELM ceramic coil. “FEELM inside” symbol is on the closed system pods of a number of global leading tobacco companies and vaping companies around the world. The accumulated sales volume of FEELM has surpassed 1.2 billion pieces per year.
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