Huawei research and development expenses
Research and Development Expenses of Huawei 2008-2021
Amounts are in CNY Million.
Year | CNY Million | $ million |
2021 | ¥142,666 | $22,378 |
2020 | ¥141,893 | $21,763 |
2019 | ¥131,659 | $18,851.5 |
2018 | ¥101,509 | $14,805.6 |
2017 | ¥89,690 | |
2016 | ¥76,391 | |
2015 | ¥59,607 | |
2014 | ¥40,845 | |
2013 | ¥31,563 | |
2012 | ¥29,747 | |
2011 | ¥23,696 | |
2010 | ¥17,653 | |
2009 | ¥ 13,340 | |
2008 | ¥10,469 |
2021: In 2021, the research and development expenses of Huawei grew only 0.5% compared to the prior year. However, the company spent around 22.4% of its annual net revenue on research and development in 2021 compared to 15.9% in 2020. Huawei spent ¥142,666 million or $22,378 million on research and development in 2021 compared to ¥141,893 million or $21,763 million in 2020.
The research and development expenses of Huawei grew to ¥101,509 million in 2018 from ¥89,690 million in 2017.