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Huawei Canada ranks 18th overall in Corporate R&D Spending in CanadaTORONTO, Jan. 15, 2021 /CNW/ - Huawei Canada ranked 18th among Canada's Top 100 Corporate R&D Spenders, according to a newly released report by the authoritative consulting and publishing firm RE$EARCH Infosource Inc. Since first appearing on the list in 2012 at the 74th position, Huawei Canada has consistently moved up in the rankings as the company continues to make investment in Canada a priority. Huawei spent $261.6 million on R&D in Canada in Fiscal 2019, up from $186.7 million in 2018 and $142.8 million in 2017. A leading global information and communications technology (ICT) solutions provider and one of the world's largest smartphone manufacturers, Huawei opened its Canada Research Centre in Ottawa in 2009. Today, Huawei Canada has seven additional R&D facilities across Canada in Waterloo, Edmonton, Vancouver, Montreal, Quebec City, Kingston and at its Canadian headquarters in Markham, ON. These centres employ more than 1,200 researchers and engineers. "Huawei will continue to be an important contributor to Canada's knowledge-based economy," said Changtian Cai, President, Huawei Canada R&D. "Openness and diversity are Canada's great strengths. They help attract global talent and business. Huawei Canada's R&D spending creates jobs, trains talents, supports fundamental research, and accelerates knowledge-to-impact in Canada. We are proud of all of that." "Huawei Canada saw a huge 40% increase in R&D investment last year, solidifying its position among the corporate R&D leaders. Huawei is a pillar of the corporate research community in Canada," said Ron Freedman, CEO, Research Infosource Inc. A comprehensive study by Oxford Economics Ltd. found that, in 2018 alone, Huawei created a total economic benefit equivalent of almost $700 millionto Canada's Gross Domestic Product. As Huawei Canada's R&D spending continues to grow, Huawei's economic contribution to Canada is expected to increase. To view Canada's Top 100 Corporate R&D Spenders, visit: https://researchinfosource.com/top-100-corporate-rd-spenders/2020. About Huawei Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains – telecom networks, IT, smart devices, and cloud services – we are committed to bringing digital to every person, home and organization for a fully connected, intelligent world. Huawei's end-to-end portfolio of products, solutions and services are both competitive and secure. Through open collaboration with ecosystem partners, we create lasting value for our customers, working to empower people, enrich home life, and inspire innovation in organizations of all shapes and sizes. At Huawei, innovation focuses on customer needs. We invest heavily in basic research, concentrating on technological breakthroughs that drive the world forward. We have more than 194,000 employees, and we operate in more than 170 countries and regions. Founded in 1987, Huawei is a private company wholly owned by its employees. Established in 2008, Huawei Canada ranks amongst the top corporate R&D investors in the country and is committed to connecting Canadians for a better, brighter future. For more information, please visit Huawei online at www.huawei.com or follow us on: About Research Infosource Research Infosource Inc. is Canada's source of R&D intelligence and is widely acknowledged as a respected and leading source of ranking information on research universities, corporations, hospitals and colleges that are used and followed by the research and innovation community, opinion and policy leaders in the government, research, corporate, higher education and non-profit sectors. Drawing from proprietary databases, Research Infosource annually publishes Canada's Innovation Leaders, which includes Canada's Top 100 Corporate R&D Spenders, Canada's Top 50 Research Universities, Canada's Top 40 Research Hospitals and Canada's Top 50 Research Colleges. As well, Research Infosource publishes specialized reports and The Innovation Atlas of Canada™ – a web-based research and innovation mapping and data information product. SOURCE Huawei Canada 
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