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Huawei to Invest $18B in R&D in 2026
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Reports indicate that the Chinese company Huawei will increase its research and development spending by 25% during the first half of 2026 to address competitive challenges in the semiconductor industry and strengthen its technological independence. Despite a 36% decline in its profits to 23.8 billion yuan, its revenues rose by 9.55% to 467.8 billion yuan, supported by a 19% increase in smartphone sales in China during the "618" shopping season. Huawei is aiming to develop local processors and new technologies to compensate for restrictions on access to advanced chip manufacturing equipment. Cost pressures and reliance on the domestic market continue to impact its profit margins.
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