Huawei has $ 20 billion in research and development



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Chinese technology giant Huawei will sharply increase research and development (R & D) spending this year. It is expected to reach $ 20 billion [206 500] In 2017, Huawei has invested $ 13.23 billion in R & D activities, accounting for about 15% of the company's total business turnover. According to TechNews, 45% of the funds are devoted exclusively to research.

This year, Huawei plans to spend between $ 15 and $ 20 billion on R & D, of which 20 to 30% will be devoted to basic research on new technologies.

For comparison, the leading Amazon and Alphabet Internet companies spent $ 22.6 billion and $ 16.6 billion in research and development

Huawei says it accounts for 10% of all patents, linked to fifth generation networks (5G). According to the Chinese company, 5G will show its potential in 2020.

Edited by:

Expert.bg

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