Huawei is building a semiconductor research and development center worth $1.4 billion.

Facebook
Threads
LinkedIn
X
Email

Share:

Huawei Technologies is nearing the completion of a semiconductor R&D center in Shanghai, a move that will bolster China’s technological ambitions despite U.S. attempts to hinder its rise.

The center, which will be Huawei’s largest research facility globally, is expected to employ around 30,000 people, according to a statement on the Shanghai government’s website. It is located in the Qingpu district, covering an area of 1.6 million square meters, and features a limited road network, railways, and ready-to-use suspension bridges, as reported in the statement.

The new center aims to achieve advancements in semiconductor technologies for devices, wireless networks, and the Internet of Things, according to a report by state media in January citing an update from the Shanghai government. The total investment cost is 10 billion yuan ($1.4 billion), as stated in a government release on the Qingpu website.

Breaking News

Newsletter

Get instant breaking news alerts from Riadi. Stay informed with top headlines from around the world.

More From Riyadi

Decline in U.S. Dollar Exchange Rates in Iraq
24 May

Decline in U.S. Dollar Exchange Rates in Iraq

The exchange rates of the U.S. dollar against

By the Numbers: Licensed Parties and Alliances for the Upcoming Elections
24 May

By the Numbers: Licensed Parties and Alliances for the Upcoming Elections

The Independent High Electoral Commission announced on Thursday

The Lost Development Path in Iraq
05 May

The Lost Development Path in Iraq

The development path in Iraq is hindered by

Study and Analysis of International Development Experiences in Public-Private Partnerships
05 May

Study and Analysis of International Development Experiences in Public-Private Partnerships

Public-private partnerships (PPPs) have become an important topic

New Study to Strengthen the Private Sector in Iraq
05 May

New Study to Strengthen the Private Sector in Iraq

The Ministry of Planning in the Kurdistan Regional

Labor Market and Challenges of the Private Sector in Iraq
05 May

Labor Market and Challenges of the Private Sector in Iraq

The United Nations' Sustainable Development Goals (SDGs) primarily

News

Smotrich: “Returning Hostages Is Not the Government’s Top Priority”

Smotrich: “Returning Hostages Is Not the Government’s Top Priority”

Israeli Finance Minister Bezalel Smotrich stated on Monday that

Branches of Artificial Intelligence – A Comprehensive Overview of Smart Technologies

Branches of Artificial Intelligence – A Comprehensive Overview of Smart Technologies

Artificial Intelligence (AI) has evolved from a theoretical concept

Football Crisis Between Iraq and Jordan Looms as Fans React

Football Crisis Between Iraq and Jordan Looms as Fans React

Football fans have been reacting strongly to the Iraqi

Is Iraq Heading to Issue New Banknotes to Tackle the Dinar Crisis?

Is Iraq Heading to Issue New Banknotes to Tackle the Dinar Crisis?

Restrictions imposed by the U.S. Federal Reserve on the

China’s Industrial Heartland Feels the Strain of U.S. Tariffs

China’s Industrial Heartland Feels the Strain of U.S. Tariffs

Factory workers in southern China are already witnessing the

How AI Assists Doctors

How AI Assists Doctors

Artificial intelligence (AI) plays an increasingly significant role in

Establishing a Factory – A Strategic Guide for Legal and Practical Success

Establishing a Factory – A Strategic Guide for Legal and Practical Success

Building a factory is not merely a financial investment—it’s

The Lost Development Path in Iraq

The Lost Development Path in Iraq

The development path in Iraq is hindered by institutional

Sharp Losses for U.S. Stocks as Dow Jones Drops Over 1,000 Points

Sharp Losses for U.S. Stocks as Dow Jones Drops Over 1,000 Points

U.S. stocks plummeted again on Monday after another negative

Vatican Announces Death of Pope Francis

Vatican Announces Death of Pope Francis

The Vatican announced on Monday the death of Pope