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/ Huawei will spend $15 to $20 billion on R&D in 2018, up from $13 billion last year
Huawei will spend $15 to $20 billion on R&D in 2018, up from $13 billion last year
In 2017 Huawei spent $13.23 billion on Research & Development, 14.9% of its revenue. That made it one of the biggest spenders on R&D behind the likes of Amazon ($22.6B) and Alphabet ($16.6B). A huge portion of the company's workforce - 45% - is dedicated to research. Going forward it will put even more into R&D - Huawei has pledged to spend between $15 and $20 billion. Of that, 20% to 30% will go to basic science research (even though the original expectation was for 10%). Beijing Research Center • Shanghai Research Center Huawei believes it owns 10% of the essential patents...
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