Huawei beat Apple, Qualcomm and Facebook in the United States, ranking fifth in the world with a total investment of 11.334 billion euros and the only Chinese company in the top 50.
The report counts the industrial R&D investment of 2,500 companies in 46 countries and regions in the world in 2018. Samsung ranked first with 13.4 billion euros, followed by Alphabet, the parent company of Google, and Volkswagen Germany, while Microsoft ranked fourth, while Apple lagged behind Huawei and Intel in seventh place.
A total of 438 Chinese companies were listed, with a total investment of 71.2 billion euros, an increase of 20% over the previous year. 44% of companies invest in ICT, 11.4% in automobile industry and 3.4% in health-related research.
Huawei devotes more than 10% of its sales revenue to R&D every year. Continuous pressure investment enables Huawei to grow rapidly and steadily in the fierce market competition. In 2017, its R&D investment reached 89.7 billion yuan, up 17.4% year-on-year, accounting for 14.9% of the annual income. By the end of 2017, the company had obtained 74 307 patent authorizations, 64 091 Chinese patents and 48 758 foreign patents, of which more than 90% were invention patents.