Chinese telecom device maker Huawei will reportedly build a research and development center in South Korea.
According to reports in South Korean local media, this move aims to more effectively enter the South Korean domestic market and acquire technologies related to smartphones in South Korea.
Kevin Ho, Huawei's president of the terminal mobile product line, said that the construction of the R&D center in South Korea will soon be completed. South Korea has advanced smartphone technologies and the new R&D center is expected to become an enormous help to Huawei. Ho also revealed that all hardware and software of the new R&D center is ready and they are currently deciding the specific location and investment scale. The company will hire local talents to implement high-quality development.
So far, Huawei has established R&D centers in 17 countries and regions around the world, including the U.S., U.K., and India; and those R&D centers accommodate 11,000 talents. Meanwhile, Huawei invests 10% of its annual earnings into technology development, which is between USD3 billion and USD5 billion.
Ho said they will develop customized products which can meet the expectations of Korean consumers in design, hardware and software. They will provide good smartphones at reasonable prices to win the favor consumers.