 |
| Ken Hu, Huawei's Rotating Chairman, speaking at HAS 2022 |
Huawei plans to boost investment in innovation to build new products, to enhance and accelerate new technologies. The company held its 19th annual Global Analyst Summit in Shenzhen from April 26 to 27.
For more than 30 years, Huawei have been innovating nonstop to create value for our customers and society. Innovation has become a core part of Huawei's DNA. Despite considerable operational challenges over the past few years, we have continued to steadily increase our investment in R&D. For nearly a decade, our strategy has been to re-invest at least 10% of our annual revenue back into R&D. Last year, we invested 22%. Huawei's Rotating Chairman Ken Hu said during the event.
