Huawei keeps strong R&D pace as 5th top investor worldwide
Outside of the 5G arena, Huawei’s enterprise business has also benefited from R&D advancements to lay the foundation for the digital transformation of industries in the Middle East and abroad. Globally, more than 700 cities and 228 Fortune Global 500 companies have chosen Huawei as their digital transformation partner.
A focus on innovation has also kept Huawei’s popular smartphone range as a preferred global brand, achieving robust growth in 2019 with a total of 240 million units shipped.
The latest ranking comes at a time when Huawei leadership estimates that its global sales revenue will have topped USD122 billion in 2019, an increase of roughly 18% year-on-year.