Research and development is a key part of building any new product, and Huawei is investing heavily to make sure it stays ahead of the curve and has been recognized by the European Union.
Huawei’s R&D investment is among the top five worldwide in the EU Industrial R&D Investment Scoreboard 2022. According to the list, Huawei Investment and Holding Company is in fourth place with an R&D investment of 19 billion euros (about 140.98 billion yuan), compared to 43rd place in 2012, a considerable improvement.
Alphabet ranks first in R&D investment, Facebook and Instagram parent META ranks second, and Microsoft ranks third. Apple ranked fifth, followed by Samsung, Volkswagen, Intel and others.
Past information shows that in 2021, Huawei’s research and development expenditure will be 142.7 billion yuan, accounting for about 22.4% of its annual revenue, and the cumulative research and development expenses invested in the past ten years have exceeded 845 billion yuan.
This statistical analysis analyzes the 2,500 companies with the largest R&D investment in the world in 2021. These companies are headquartered in 41 countries and have more than 900,000 subsidiaries around the world. The total R&D investment of these 2,500 companies is 1,093.9 billion euros, which is equivalent to 86% of global corporate R&D investment, and it is also the first breakthrough. The one trillion euro milestone.
The top 2500 includes 361 companies based in the EU, accounting for 17.6% of total R&D investment, 822 US companies (40.2%), 678 Chinese companies (17.9%), 233 Japanese companies (10.4%) and 406 companies from Companies in the rest of the world (RoW, 13.9% of R&D).