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Huawei intends to spend on the development of new technologies to $ 20 billion

Huawei Company intends to increase investment in the development of new products and technologies in 2018 to at least $ 15 billion. Upper limit R & D-investments, transfersNASDAQ, approaching $ 20 billion. This is due to the desire of the Chinese company to take a leading position in the 5G-communications market.

It is noted that in 2017 the company spent in R & D of about $ 13.2 billion, or 14.9% of current assets. Huawei is a list of companies that spend on the development of new technologies the greatest amount of money (statistics provided by the US).

Leading positions occupied by Amazon and Alphabet (parent, Google), which in 2017 invested in R & D $ 22,6 billion and $ 16.6 billion respectively.

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