TOKYO -- Chinese companies account for 34% of worldwide applications for major patents related to 5G technology, putting it in a position to drive the development of new industries that use ultrafast-communication networks.
The latest wireless communication standard can handle huge volumes of data at high speed, and is crucial to the development of technologies such as autonomous driving systems. Whoever controls the most "standard essential patents," or SEPs, for 5G will likely come out on top in the race to develop a new generation of advanced industries.
