Samsung ranks 2nd in global applications of 5G patents

Samsung Electronics Co., the world's largest maker of smartphones, ranked

second in global applications of 5G-related patents, according to a recent
report.

Samsung made 2,846 5G patent applications to global organisations, with

China's Huawei leading the pack with 3,325 patent applications, according to
the report by German market research firm IPlytics, Yonhap news agency
reported on Sunday.

South Korean tech giant LG Electronics Inc came in third place with 2,463
patent applications, the report showed.

Other telecom equipment makers, including Finland's Nokia, China's ZTE

and Sweden's Ericsson, were among the top 10 companies on the list.

Samsung has been ramping up its efforts in the 5G market as Huawei, the
world's largest telecom equipment maker, has faced setbacks in the global
market following the US ban on its equipment.

In August, Samsung announced it will invest 180 trillion won or $152 billion
over the next three years to promote its new growth engines.

The massive investment on building up its artificial intelligence, 5G network,

bio and automotive operations.
Analysts say 5G mobile networks will enable networks to handle far larger
volumes of data with very low latency, which smooths the way for everything
from streaming high-definition videos to autonomous driving and precise
remote control of robots in factories.