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Huawei Technologies is gearing up to revolutionize smart driving technologies with a hefty investment of 18 billion yuan ($2.63 billion) The funds will be allocated towards research and development, including a significant portion of 10 billion yuan for enhancing computing power.
Huawei is investing 18 billion yuan in R&D for smart driving technologies.
KEY POINTS
- 10 billion yuan of the initial investment is dedicated to enhancing computing power.
- Huawei will invest another 70–80 billion yuan in computing over the next five years.
- Huawei has launched the Qiankun ADS advanced driving assistance system.
COMPANIES
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