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Highlights Huawei leads the World IoT Top 500 list, showcasing its industry dominance. Over 150 Chinese firms, including Lenovo and Baidu, made the list. The Top 500 companies account for a combined GDP of over $30 trillion. Innovations in 5G, 6G, Starlink, and quantum technology are highlighted as key advancements. The 9th World Internet of Things Top 500 Summit, held recently in Beijing, has revealed its latest ranking of top IoT companies. Huawei has returned to the number one position on this prestigious list, showcasing its continued dominance in the IoT sector. Global IoT Leaders Huawei Tops World IoT Top 500 List at Beijing Summit The World Internet of Things Top 500 list features major tech players from around the globe. Alongside Huawei, companies like Qualcomm, Microsoft, and SpaceX have secured spots on the list. From China, telecom giants China Unicom, China Telecom, and China Mobile are also represented. Over 150 Chinese firms made it to the Top 500, including well-known names such as Gree, Haier, Lenovo, and Baidu. The Top 500 companies account for a combined GDP of over $30 trillion This strong showing highlights China's growing influence in the global IoT landscape. The economic impact of these top 500 companies is significant. Together, they account for a combined GDP of more than 30 trillion US dollars, representing about half of the global IoT digital economy. Huawei's Triumph Huawei leads the World IoT Top 500 list, showcasing its industry dominance Huawei's return to the top spot is a testament to its innovation and resilience in the face of challenges. Known for its cutting-edge technology and forward-thinking approach, Huawei continues to be a driving force in IoT development. He Xuming, the leader of the World IoT Conference, spoke about rapid technological advancements. He highlighted the progression from 5G to 6G, as well as developments in Starlink and quantum technology. These innovations are paving the way for smarter connections and new forms of networks and economic models. The future of IoT looks promising, with smart connectivity and new operational models at its core. As IoT technology continues to evolve, it's expected to create new markets and significantly boost the global digital economy. FAQs What is the World IoT Top 500 list? The World IoT Top 500 list ranks the top 500 companies in the Internet of Things sector based on their contributions and impact on the global IoT economy. Which companies are in the top spots of the IoT Top 500 list? Huawei is at the top, followed by major tech players like Qualcomm, Microsoft, and SpaceX. Chinese telecom giants such as China Unicom, China Telecom, and China Mobile are also featured. How significant is the economic impact of the top IoT companies? The top 500 IoT companies together account for a combined GDP of over $30 trillion, representing approximately half of the global IoT digital economy. What advancements did He Xuming highlight in his speech? He Xuming discussed advancements from 5G to 6G, as well as developments in Starlink and quantum technology, which are expected to lead to smarter connectivity and new economic models. Why is Huawei's top position noteworthy? Huawei's top position highlights its resilience and innovation in the IoT sector, reaffirming its leadership amidst global challenges and competition. Also Read: Huawei P70 Series Launch Event Reportedly Canceled, Direct Sales Expected Also Read: Huawei P70 Series Spotted on Geekbench Revealing New Kirin Chipset Ahead of Launch