Ren Zhengfei: Huawei invests 180 billion yuan in R&D each year, of which about 60 billion yuan is spent on basic theoretical research
2025-06-10 07:51:16

Recently, at Huawei's headquarters in Shenzhen, reporters and Huawei CEO Ren Zhengfei had a face-to-face discussion on some hot topics of public concern. Ren Zhengfei said that we invest 180 billion yuan in research and development each year, about 60 billion yuan is for basic theoretical research, which is not subject to assessment. About 120 billion yuan is invested in product research and development, and the investment is subject to assessment. Without theory, there will be no breakthroughs, and we will not be able to catch up with the United States.
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