Huawei's R&D Pot Rivals Western Firms'

The company is spending 10% of its $11 billion in sales on research and development, says its chief marketing officer

In the words of Huawei's chief marketing officer, Dr Eric Xu Zhijun, nothing matters more than research and development. The company boasts US$11bn in sales, as of 2006--10 percent of which goes to R&D and 48 percent of its 60,000 staff are involved in R&D.

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