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Huawei said it does not want to slow down its spending on research and development, as it seems to continue to occupy the position of world leader in 5G technology and other technologies, and has also reaffirmed its willingness to continue investing in the Kingdom. -United.
Speaking today in London on the occasion of the company's MWC 2019 preparatory conference, the leaders revealed that Huawei was investing a significant portion of its wealth in the development of future breakthroughs.
According to Peng Song, president of Huawei's marketing group, the Chinese giant has devoted "not less than" 15% of its total annual income to research and development.
That equates to around 11 billion euros in 2018, which, according to the European Commission, was the fifth largest R & D expenditure in the world, and more than all other telecom providers combined.
Huawei search
Peng added that Huawei employs more than 80,000 R & D engineers and filed more than 87,000 patents last year to further develop its expertise.
These expenses are expected to increase as Huawei's successes continue, with another Huawei executive confirming that R & D spending will not slow down.
"I think R & D investments will continue to increase this year," said Ryan Ding, executive chairman of the board of directors and chairman of Huawei's group of carriers. TechRadar Pro in a media roundtable at the event.
Ding noted that Huawei is still looking to focus its investments on areas in which it has been able to perform well, especially around the two main areas of connectivity and computing, giving it a rare position. to be able to choose his areas of expertise. interest.
"In recent years, for products that have not been very present, or we do not think that we will not be able to be among the first or the first two for this product, we are reducing our investment and even have left some product lines, "he said.
Instead, Huawei has devoted resources to key areas such as FWA technology and wireless / core network technology, investments in which it has steadily increased in recent years to become a leader in the industry.
This is a position that the company hopes to continue in 5G, Huawei already collaborating with operators around the world to prepare for the launch of new broadband networks next year.
"In 5G, we are not only the first to invest in 5G, but we have the biggest investment," said Ding.
"That's why we can continue to lead … without our best products or services, we can not continue to be successful in the marketplace."
Huawei UK
Huawei also reaffirmed its support for the UK as a key area of investment and future growth of the company's business.
Ren Zhengfei, founder of Huawei, told the BBC: "We will continue to invest in the UK. We always trust the United Kingdom. If the United States does not trust us, we will shift our investment from the United States to the United Kingdom on a larger scale. "
Huawei has been in the UK for 18 years and today employs around 1,500 people.
Until the end of 2017, the company had invested and bought £ 2 billion in the UK and announced plans to spend an additional $ 3 billion on UK suppliers over the next five years.
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