The key to China’s IoT dominance has been China’s commitment to state-controlled telecommunication giants Huawei Technologies and ZTE Corporation. The two firms now hold 34 percent of the 74,500 key standard essential patents (SEP) for 5G. That compares to 25 percent for South Korea and just 14 percent for the once dominant U.S.
IoT Analytics identified the biggest IoT projects at the end of 2018 as 367 Smart Cities; 265 industrial settings; and 193 connected building IoT projects. The United States accounted for 45 percent and Europe accounted for 35 percent of the projects. But President Trump’s ban and European observance may have effectively barred Chinese 5G telecommunications suppliers from up to 80 percent of the global market.
Trump Card, nationalize all of their US patents or force them into compulsory licenses and seize all of the license fees.