According to JP Morgan, demand of industry is normalizing in 2022, while mobile growth remains key and electric vehicle long term trend intact. (JP Morgan report)
Huawei has almost doubled its R&D budget over the past half-decade to USD22.1B in 2021, more than any company in the world outside America. That is 22.4% of its sales that year: nearly double Amazon.com’s and Google-owner Alphabet’s proportions and more than triple Apple’s.