Huawei to pump in $1b on car tech in 2021 : vimarsana.com

Huawei to pump in $1b on car tech in 2021


Will build components for smart vehicles, including software for self-driving cars
Published: 
April 13, 2021 12:53
IANS
Huawei aims to strengthen its software capabilities and invest more in businesses that are less reliant on advanced process techniques, as well as in components for intelligent vehicles.
Image Credit: GN Archive. Photo used for illustrative purposes only
Chinese technology giant Huawei, which is focusing on optimising its portfolio to boost business resilience, will invest $1 billion in smart car technologies in 2021, the media reported.
The new investment that the company is making this year will focus on building components for smart vehicles, including software platforms for self-driving cars, CGTN reported on Tuesday, citing Huawei's Rotating Chairman Eric Xu.

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