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Annual Report

Ken Hu, Huawei's Rotating Chairman. Global

Huawei Releases 2023 Annual Report

Huawei values research and innovation. In 2023, the company invested CNY164.7 billion back into R&D, which accounted for 23.4% of its annual revenue. Altogether, the company's R&D investment over the past decade amounts to CNY1.11 trillion.

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