The business will employ 30 thousand people. This makes it the largest research center in Huawei’s structure.
Chinese technology company Huawei is completing the construction of a large-scale chip research and development center in Shanghai. Bloomberg writes about it.
The total cost of the project is estimated at 10 billion yuan or 1.4 billion dollars.
A plot of 1.6 million square meters has been earmarked for the new center. The territory has its own network of roads, bridges and tram systems.
It is expected that the center will take 30 thousand people. This makes it the largest research center in Huawei’s structure.
The main objective of the business is developments in the field of semiconductors for devices, wireless networks and the Internet of things.
Let’s remember that in February, semiconductor production in South Korea grew the most in the past 14 years, indicating a continued recovery in global demand for the technology.
Meanwhile, Russian authorities have ordered specialists to try to reproduce Western chips from the mid-2000s by 2028.
Source: korrespondent
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