Huawei Technologies Co Ltd. (Huawei), a leader in providing next-generation telecommunications networks for operators worldwide, launched its R&D center in Chongqing Municipality, in line with its accelerating development pace, said industry sources.

Huawei Technologies will strive to develop the center into one of its most important R&D and production bases. The company plans to expand its R&D staff number to more than 1,000 over the next 3 years, sources said.

Huawei Technologies is also in talks with the local government on the production of 3G products, establishment of data center and staff training, which will help enhance the software R&D and service outsourcing business and electronic products production capability in the city.

Huawei Technologies said its contract sales forecast for this year is expected to reach US$23 billion, compared with US$16 billion of last year. The company's investment in R&D accounts for around 10% of its total sales annually.

Source:china knowledge