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Chinese tech giant Huawei's research and development (R&D) investment in 2018 surpassed that Microsoft, Apple and Intel, ranking the 4th among the global tech companies.
2018年华为研发投入超过微软、苹果与英特尔,在全球科技公司位居第四。
According to the latest statistics from the EU, the 101.5 billion yuan (about 15.1 billion USD) R&D investment by Huawei in 2018 followed Samsung, Google and Volkswagen.
The company raked in 721.2 billion yuan in global sales revenues, spending 14.1 percent of that in R&D. Total R&D investment by the company in the last 10 years has surpassed 480 billion yuan, according to Huawei's 2018 annual report.
Despite being blocked by the U.S. and other countries, 2018 saw Huawei sign commercial contracts with more than 30 telecom operators in the world.
That is roughly 17 percent of the market share in terms of global 5G equipment, according to a recent report by IHS Markit.
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investment
5G
Huawei
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