Chinese tech giant Huawei has invested heavily in smart city development projects in recent years. This trend closely follows the mandates orchestrated by the Chinese government, which has already invested in the development of hundreds of smart cities (of various population sizes) to be built in the coming years. Huawei is actively involved in network LED and street lightning, smart waste management, smart parking, smart buildings, and smart water applications among others. Unfortunately, tensions regarding cyber-espionage and cyberwarfare have been mounting between the United States and China. With upcoming tech bans and sanctions against Chinese vendors enforced by the U.S. government due to hacking and cyber-espionage allegations (Huawei and ZTE being in the midst of the storm), it would seem that Chinese vendors might have a difficult road ahead of them in the United States.
You must be a subscriber to view this ABI Insight.
To find out more about subscribing contact a representative about purchasing options.