BUSINESS | Huawei’s future investment, new high on R&D

‘Seeds for the Future’ is Huawei’s global corporate social responsibility (CSR) flagship program launched in 2008.

Notwithstanding the impact of US sanctions on Huawei, the China-based tech giant’s research and development (R&D) expenditure hit a new high in 2021, reaching CNY142.7B ($22.4B), which represented 22.4 percent of its total revenue. Ranked No. 2 in the EU industrial R&D investment scoreboard, 54.8 percent of Huawei staff now work in R&D. As per Huawei’s 2021 Annual Report released on March 28th, the company’s total R&D expenditure over the past 10 years reached over CNY845B ($133B).

“(We) will continue to invest heavily in research and innovation,” Huawei indicated in a press statement.

Further, for Huawei, investment not only went to R&D, but also cultivating ICT Talents.

‘Seeds for the Future’ is Huawei’s global corporate social responsibility (CSR) flagship program. Launched in 2008, the program seeks to “develop local ICT talent, enhance knowledge transfer, help participants better understand the ICT sector and stimulate their interest in it, and promote and encourage participation in building a digital community.”

“’Seeds for the Future’ has been in the Philippines for 7 years, more than 200 students joined the program, some of them even became Huawei Staff after graduating from universities,” said Daniel Guo, the chief operating officer of Huawei Philippines. “The program used to take two weeks in China and moved online during Covid. This year, the program might go hybrid as the situation is getting better.”

Huawei ICT Academy, another non-profit program globally, serves as a bridge between companies and colleges, helping to build a talent ecosystem for the ICT industry. Huawei partnered with almost 60 Philippine universities and established ICT academies; over 9000 students joined the program. By the end of 2021, Huawei had presented over 550,000 certifications worldwide, including over 17,000 Huawei Certified ICT Expert (HCIE) certifications. Last year, Huawei also launched its HCIE 100 project in the country. Engineers who pass the certifications will be a valuable resource for the industrial digitalization world.

In the Philippines, Huawei also worked together with five of the top Universities for the Huawei Scholarship program, which aimed to provide financial assistance to deserving students who are already in their 3rd to 5th year College Level. Huawei has sponsored 22 Scholars as of now.

“Huawei’s ability to ‘survive and thrive’ depends on ongoing investment in development,” said Guo Ping, Huawei rotating chairman. “Our fight to survive is not over yet,” Guo said. “No matter what comes our way, we will keep investing. That is the only way forward.”

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by TechSabado.com editors
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