Huawei to develop new US$1.4billion R&D center in Shanghai

Huawei smartphone business has been growing rapidly on Q1 2019 according recent analytic reports. In the meantime, Huawei has its plan to invest RMB 10 billion to new research & development center in Shanghai along with their recent announcement to attract the best talent around the globe that comes with great renumeration. It will be used as a research center for high end chipset, wireless network and Internet of Things. The new research center is set to arouse in Qingpu District, China.