One company has a big edge in the fight to dominate the Internet of Things; Quartz, 5/23/16

Joon Ian Wang, Quartz; One company has a big edge in the fight to dominate the Internet of Things:

"Most of the innovation on the so-called Internet of Things is locked up in patents held by the companies that make the innards of sensors, routers, and other devices, according to a study by LexInnova, a consultancy.

The study finds that the companies with the greatest number of IoT patents globally are the chip-makers Qualcomm and Intel, followed by Chinese network-gear maker ZTE...

Where Qualcomm and Intel are neck and neck on absolute numbers of patents, Qualcomm has a significantly stronger patent portfolio, according to LexInnova’s research. This might be a major problem for Intel, which has staked its future on IoT. Brian Krzanich, its chief executive, called the company’s IoT group a “primary growth engine” in his 2015 shareholder’s letter. It reported revenue of $651 million for its IoT group for the first quarter of 2016, 22% higher than the previous year. Qualcomm doesn’t report numbers for its IoT products, although it said last year that it made $1 billion in revenue from chips used in smart homes, city infrastructure, cars, and wearables."