Qingpu District, Shanghai: Huawei's R&D center will be basically completed by the end of the year, and HiSilicon's revenue in the first half of the year increased by 84.2% year-on-year

According to news from this website on September 5, today, the ninth Shanghai Municipal Government press conference with the theme of "High-Quality Development in Shanghai" was held in Qingpu District.

According to the "Shanghai Release" public account, Xu Jian, Secretary of the Qingpu District Committee of Shanghai, said at the meeting that Huawei's Shanghai Qingpu R&D Center will be basically completed by the end of this year and will be put into use next year. It is planned to introduce 30,000 to 40,000 scientific research talents will inject greater vitality into Qingpu’s innovative development.

#The meeting also revealed that in the first half of the year, the revenue of Qingpu District’s regulated software information companies increased by 45.3% year-on-year, and the revenue of integrated circuit companies increased by 47%. Among them, Huawei HiSilicon grew by 84.2% year-on-year, playing a leading role.

According to previous reports by this site, In the first half of the year, Huawei achieved sales revenue of 310.9 billion yuan, a year-on-year increase of 3.1%, and a net profit margin of 15.0%. Among them, ICT infrastructure business revenue was 167.2 billion yuan, terminal business revenue was 103.5 billion yuan, cloud computing business revenue was 24.1 billion yuan, digital energy business revenue was 24.2 billion yuan, and smart car solution business revenue was 10 billion yuan.

With the return of Kirin chips in Huawei’s Mate 60 Pro series of mobile phones, HiSilicon’s business revenue is also expected to continue to grow and break through.

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