Huawei ranks 5th in EU Research and Development scorecard

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Huawei is a major ICT company with a wide range of products ranging from sectors like telecommunications to consumer electronics. The most familiar product for the general market has been Huawei’s entire lineup of smartphones. The product catalog of Huawei smartphones has a wide variety of phones with an inclusive budget range. It serves the budget consumers with it’s affordable Nova smartphone series. While the Flagship phones like Huawei Mate 20 Pro are geared towards those seeking a more premium experience.

Huawei Ranks 5th

Huawei leading R&D efforts

This expansive product list and options is a result of years of R&D and experience in sales. Recently, as a result, Huawei has acquired a new position to lead the entire tech industry in the space of R&D investments.

At Huawei, over 10% of revenue is invested in R&D every year.

In 2017, Huawei was ranked 6th among all the tech industry for R&D investment. R&D is an essential factor in improving the quality of products and introducing new and unique features serving consumer needs. The effects are quite visible! Huawei smartphones use the company developed Kirin processors in its smartphones for a much more integrated performance. This, in theory, provides an edge against the brands using mainstream chips from Qualcomm and MediaTek.

According to the 2017 EU Industrial R&D Investment Scorecard report, Huawei ranked No.6 in the year 2017 in terms of R&D investment. While in 2018, Huawei jumped a rank to be 5th in the world. This new report also states that HUAWEI spent EUR 11.33 billion (USD 12 billion) on R&D in the year 2018. The investment represents a 16.6 percent year-on-year increase. This increase has helped Huawei snatch the fifth place in the 2018 EU Industrial R&D Investment Scoreboard.

The rank was based on R&D spending by 2,500 influential companies worldwide in 2018. Each company invested more than 25 million euro for a combined total of 736.4 billion euro. The list of companies included brands like Samsung, Alphabet, Volkswagen, Microsoft, Huawei, Intel, Apple, Roche, Johnson & Johnson, and Daimler.

Also Read – Huawei Mate 20 Pro: The Best Flagship smartphone

Statistics show that the total R&D expenses of Chinese technology companies remained EUR 71.2 billion in the year 2018. While Huawei alone contributed 1/7th of that number. Compared to other Chinese technology companies, Huawei invested more in research on artificial intelligence technology and the promotion of 5G communication in the future.

Huawei Ranks 5th

In the case of Nepal, Huawei has been leading in carrier and enterprise business for 19 years. Its foray into the smartphone business has been more recent! However, the products introduced in these recent years have left all of us wanting for more. Of course, we encourage the efforts made in R&D to improve our smartphone experience and encourage other OEMs to follow suit. Ideally, we expect better phones that are cheaper and abundantly featured as a result of these R&D efforts.

Also Read – Huawei Mate 20 Pro vs Samsung Galaxy Note 9: The Ultimate Showdown

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Tubuntu2 is the Junior Editor at Phones In Nepal. He is a tech enthusiast and an anime fanatic.