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Huawei to invest $2.6 billion in research and development for smart driving technologies.
Huawei will invest 18 billion yuan globally in smart driving R&D, with 10 billion for computing power.
KEY POINTS
- Over five years, Huawei plans to spend up to 80 billion yuan on computing capabilities for smart vehicles.
- At the Beijing Auto Show, 38 vehicle models showcased feature Huawei's smart driving systems, including Audi and Toyota BZ7.
- Huawei's automotive segment is its fastest-growing, projected to reach 45 billion yuan in revenue by 2025.
COMPANIES
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