The 2020 EU Industrial R&D Investment Scoreboard ranks the research investment levels of 2500 companies across the globe that covers 90% of the world’s business-funded R&D.
According to the 2020 EU Industrial R&D Investment Scoreboard, Huawei heads to third place which is a jump of two places compared to last year. In 2019, the Chinese tech giant has got fifth place on the scorecard.
Huawei’s Chief Representative to the EU Institutions said – “The EU confirms that Huawei is now among the top three innovative global companies. To maintain the European way of life for its future generations, Europe will need to use the best technologies and innovations. Huawei stands ready to team up with Europe for a joint bright future,”
Most of the global research that Huawei carries out takes place in Europe. The company has established its first research center in Sweden in the year 2000. With a series of partnerships with over 150 European universities, Huawei is deeply embedded within the ICT research ecosystem in Europe. Through this collaborative research activity, Huawei makes Europe fit for the digital age.
Huawei believes that international research collaboration strengthens EU competitiveness and contributes to climate change mitigation, thus strategically supporting the European Green Deal.