News

Chip competition: How Huawei intends to catch up with the US

Share
Copied!

Published: July 17th, 2024,
Last updated: August 28th, 2024

Huawei appears to be on the verge of completing a chip R&D center in Shanghai. Citing the website of the Shanghai district of Qingpu in the west of the city, Bloomberg reported on Tuesday that it will be the company’s largest research center in the world with around 30,000 employees. The site in Qingpu is 1.6 million square meters in size and already has its own road network, a small railroad network and elevated bridges. According to the website, the total investment costs amount to ten billion yuan (1.4 billion US dollars).

Sign up now and continue reading immediately

No credit card details required. No automatic renewal.

Share
Copied!
Forschung