Huawei to invest $2.6 billion on R&D in smart driving technologies

Huawei Technologies will invest 18 billion yuan ($2.6 billion) globally ‌on research and development in smart driving technologies, including 10 billion yuan on computing power for training, ‌a senior executive said on Thursday. Over the next five years, Huawei plans to spend 70 billion to 80 billion ⁠yuan on computing power, Jin Yuzhi, Huawei's senior vice president, said at an event in Beijing ahead of China's ⁠largest auto show, which opens on Friday. Huawei is defending its leading position

By The Korea Herald