On the 28th, Beijing time, Reuters reported that PwC’s management consulting agency, Strategy, published a new study showing that Chinese companies’ R&D expenditures are leading the world, and Huawei is the world’s top ten for the first time.
According to the “2016 Global Innovation 1000†research published by Strategy on Thursday, 130 Chinese companies were listed this year (123 in 2015), with total R&D expenditure reaching US$46.8 billion, an increase from US$39.4 billion last year. 18.6%, which is higher than the 8% increase in North America, while Europe and Japan are on a downward trend.
The study pointed out that Huawei has not been included in the survey because it has not been publicly listed. However, according to Huawei's annual report, its R&D expenditure in 2015 was 59.6 billion yuan (US$ 9.48 billion). If it is included in the ranking, Huawei will Ranked among the top Chinese companies, ranking 9th in the global R&D spending list (16th in 2015), ranking between Novartis and Johnson & Johnson, which is the first time Huawei has entered the top 10 global R&D spending. According to data released by market research firm IC Insights, Intel's investment in chip research and development reached US$12.1 billion in 2015, accounting for 24% of the company's annual sales, ranking first. Huawei's R&D spending is equivalent to 78% of Intel's R&D spending.
Volkswagen, Samsung, Amazon, Alphabet and Intel (34.74, -0.07, -0.20%) ranked among the top five R&D spending, with Amazon and Google ranking 4 and 2 respectively.
Xu Jin, managing partner of Digital Strategy Consulting in Greater China, said, “Promoting innovation has become a national development strategy. Chinese companies are increasing their investment in R&D every year, reflecting that Chinese companies are shifting from cost-competitive to technologically innovative. Rely on technological advantages to succeed in global competition."
Research and shows that in this year's rankings, Alibaba and ZTE have surpassed PetroChina for the first time in the top two rankings in China, which is the first time that PetroChina has lost its first position since 2005. China Power Construction and Jingdong (25.9, 0.02, 0.08%) entered the list of China's top 20 innovations for the first time, ranking 16th and 20th.
The Global Innovation 1000 companies refer to the 1,000 listed companies with the highest R&D expenditures as of the end of June 2016. According to various sources, including corporate and government sources, the total R&D expenditure of global innovation 1000 companies accounts for 40% of total global R&D expenditure.
Research indicates that by 2020, companies will shift most of their R&D spending from physical products to software and services, or digital services, to remain competitive. From the regional perspective, the trend of North American enterprises' transformation to digitalization is the most obvious, and the proportion of research and development is expected to increase from 15% in 2010 to 24% in 2020. While Asian companies are still product-centric, the proportion of product R&D will only drop slightly from 44% in 2010 to 40% in 2020. The automotive and industrial products industries are most active in developing new software.
Barry Jaruzelski, a US partner and innovation and research and development expert at Strategy, said that many influential innovation companies around the world are in the process of transformation. The reason behind the transformation is that consumers' expectations are constantly changing and increasingly demanding.
“This change has also benefited from the rapid improvement of software use, including the growing number of products that have built-in software and sensors that enable products and users to be implemented in a reliable and cost-effective manner through the Internet of Things. Interconnections with manufacturers and the popularity of cloud data storage," he said.
Apple Headset Wireless Charger
Qi Certified Charger,Apple Wireless Charger,Apple Watch And Phone Charger,Apple Headset Wireless Charger
wzc , https://www.dg-wzc.com