3 companies helping make China a global hub for IoT technology

To talk about the Internet of Things in China is to talk about manufacturing. 

Manufacturing spending on IoT technologies in China is estimated to rise to $127.5 billion by 2020. Since China currently produces a large chunk of the world’s electronics (including technologies like sensors and microchips that are fundamental to the IoT), the country is well positioned to shape the backbone of connected homes, IoT-integrated infrastructure, and smart cities around the world.

The Made in China 2025 initiative, for example, focuses on comprehensively upgrading the country’s industries and IoT infrastructure. In addition to country-wide initiatives like this, several China-based startups are helping shape the rapidly growing IoT industry in this region of the world and beyond. Their efforts are being fueled largely by advancements in AI and big data.  Read more…

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Source: Mashable | 3 companies helping make China a global hub for IoT technology