Huawei research and development expenses

Research and Development Expenses of Huawei 2008-2021

Amounts are in CNY Million.

YearCNY 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.