Thursday, July 26, 2018

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...

via shopmatrix

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Honor Magic V2 RSR Porsche Design is coming to Europe

Earlier today, Honor finally launched the Magic V2 in Europe, almost five months after its initial announcement. Don't miss our unboxin...