Chinese companies take lead in 5G patent

Added On May 11, 2019

According to a report by IPlytics, an authorized patent data company, Chinese companies lead in global 5G patent applications, with Huawei ranking first.
The report shows that, by the end of April, Chinese companies topped the list for most 5G Standard-Essential Patent applications in communication systems, accounting for 34 percent of the world's total.
The report also shows that Chinese tech giant Huawei has taken a leading role by owning 15 percent of Standard-Essential Patents, or SEPs.
Among patents, 5G SEP patents are of key value, because companies will have to use them when implementing standardized 5G technology.
Three industrial leaders from China were included in the top 10 list of 5G SEP family owners, with Huawei taking the crown, and ZTE Corp and China Academy of Telecommunications Technology grabbing fifth and ninth places, respectively.
Different from 3G and 4G technologies, 5G technology will impact various industries and stimulate the emergence of many new products, services and industries.
According to the report, the automotive sector will most likely be one of the first industries to rely on 5G, connecting vehicles to other vehicles, roadsides, traffic lights, buildings and the internet to process data between cars or in the cloud.
By the end of April, the number of 5G SEP applications surged to more than 60,000 globally.