Huawei founder Ren Zhengfei told the Financial Times on Thursday that he expects the US to fight against his company's push into the Internet of Things (IoT) and smart factory technologies.
The US will 'fight IoT next', adding that the US president Donald Trump will target the sector if Huawei begins to dominate the industry, he told FT. 'Let them fight.'
Speaking on Huawei’s drive to set international IT standards, he said: 'If everyone were to vote for an IoT standard, they would vote for our standard, because Qualcomm hasn’t done much work in the IoT sphere and we’ve done a huge amount of research.
His comments come after US president Donald Trump provided concessions to China on the sidelines of the G20 Summit in Osaka by partially opening up export licence applications for Huawei.
US companies can also partially sell equipment that did not threaten national security to the Chinese tech firm, in exchange for China buying more US agricultural products.
Why is the IoT Industry Vital to Economic Success?
Industrial IoT is used in automating manufacturing processes, which Huawei aims to develop through its robust machine-to-machine (M2M) learning technologies that depend on 5G internet connections.
Huawei currently leads the 5G industry by holding the largest number of tech patents, FT reported, adding that such innovations can help communicate bulk data from industrial devices. As of 2019, the conglomerate holds 56,492 active patents – more than any IT company in the world – Bloomberg reported in June.
World’s First 5G Television
According to sources cited by the The Asian Nikkei Review, Huawei Technologies also plans to challenge Apple and Samsung by launching the world’s first 5G television. The new lineup will offer 8K resolution displays and offer 360-degree movies and virtual reality programmes, eliminating the need for fibre optic connections and cable and allowing the new smart TVs to be used as a home router.