Re:U.S. to spend $1.5B to jumpstart alternatives to Huawei
by otoburb on Wednesday December 07, 2022 @02:17PM
(#33898850)
Huawei is one of a handful of companies in the world that spends more than $20B USD on R&D per year, which just happens to be approximately ~20% of their revenue.[1]
I know the $1.5B from CHIPS is effectively a kickstarter of sorts, but the sheer size of the R&D budget of the baseline should be kept in mind to understand how much further US private industry needs to catch-up, let alone overtake.
I know the $1.5B from CHIPS is effectively a kickstarter of sorts, but the sheer size of the R&D budget of the baseline should be kept in mind to understand how much further US private industry needs to catch-up, let alone overtake.
[1] https://www.bloomberg.com/news/articles/2022-04-25/huawei-ri...