Today, at the Chinese International Data Expo, held in Guiyang, Lu Yong, vice president of Huawei Technologies Co., Ltd., said that Huawei’s 2018 revenue exceeded 720 billion yuan and its R&D investment was more than 100 billion yuan. Last year, Huawei’s R&D investment ranked fifth surpassing American companies like Intel and Apple’s R&D investment. Lu Yong said, “Only this long-term, high-intensity focused R&D investment will ensure that we continue to lead in such a high-tech industry.” He also said that Huawei’s 5G patents are more than that of all American companies put together.
Gizchina News of the week
Mr. Lu said that Huawei has over 16,000 5G standard patents ranking first in the world and accounting for 20%. All companies in the United States account for less than 15% of 5G core patents. “China believes that we have the largest 4G network in the world, and we have every reason to believe that China will also have the world’s largest 5G network.” Lu Yong believes that with such a large market space and cyberspace, 5G can make China realize the digitalization of thousands of industries, and truly realize the transformation of 5G digitalization.
Lu Yong said, “Huawei should be said to be another wave of turmoil today, but from my personal understanding, in fact, Huawei’s internal 180,000 employees seem to be like the hurricane in the hurricane. We are very calm. We are a kind of bean sprouts…”
This state owned, state subsidized company the has lied and cheated its way to the top is headed for oblivion.
Sounds exactly like the very definition of Donald Trump. Lies, lies and more lies…. Fake News remember… only sheep like you believe in him
chink
I laugh at you hard…Huawei will stay top of its game with or without the US. Hope you’ve read that Chinese companies are now delisting from New York Stock Exchange?? That’s a sign that China is READY…Is it wrong if the US government support Qualcomm or Intel with R&D funds so that American tech will be ahead?? Don’t you know that R&D cost billions?? China is supporting it’s most promising companies and the US is sulking…US can do all it want, Huawei will stay STRONG
Huawei I offer you my support …..I believe in your course since when I switched to your Phone brand …I know d true meaning of Android smartphone…..STay strong & healthy …in Huawei I Trust
Huawei is great. TRUMP AND ALIES ARE GOOD FOR NOTHING.
Sad to say USA will be left behind. CHINA simply has more brilliant scientists and engineers. Every Chinese is equal to 3 times productive capacity of average American. China in a way is moving at 12 times the speed of American technology. USA must accept China greatness and collaborate with it to gain spin off technology. It is very stupid of USA not to collaborate with Huawei and gain vital access Huawei technology. American First is actually America First to Fall economically.
America first only if USA invent everything in this world. So far, USA has lost out and will continue to lose out big. Trump economic war with China is a damn stupid idea that condemn USA for good.