Huawei lays final bricks of billion-dollar Shanghai R&D complex

Huawei's massive R&D complex in Shanghai is finally built - intended to give the US-sanction-hit Chinese tech giant a boost when it comes to competing with international rivals. Officially named the Huawei Lianqui Lake R&D Center, the Shanghai Qingpu government says the complex cost more than ¥10 billion (or around $1.4 …

[david 12]

Shanghai?

So not one of the cheaper smaller cities targeted for new development, and not Beijing, the political centre.

"Peking" was the Shanghai pronunciation of "Beijing", and Shanghai was one of the Treaty Ports. It's always been part of the interface between China and the West. So, like Hong Kong, it's been disfavored recently as Beijing has sought to assert cultural supremacy by de-emphasizing the importance of western cultural influence. Investment has been preferentially directed to other areas, and free-trade import/export has been discouraged.

So, why put a new development in an expensive, disfavored, export oriented city? It's probably not because the location is expensive and disfavored.

[J. R. Hartley]

How are those sanctions working out?

Americaaaahh, FUCK YEAH!!! /s

[Avon B7]

Percentages

"Should Huawei fail to make much headway into its own cutting-edge chipmaking tools, it could mean China will continue to lag behind Western rivals, with one study predicting China will make just two percent of the world's advanced chips in 2024, compared to the US's 28 percent"

Last time I checked (a few years ago) those 'cutting edge' chips made up 2% of total world output. The other 98% is what made the world go round.

I wouldn't bet against Huawei now that they've been forced to do it themselves.

[pavlecom]

.. astonishing as is !

To paraphrase former Czech president Václav Havel to say that

"The rise of China 'has happened so quickly that we have not yet had time to be astonished!"

Sentence very applicable to Huawei's new R&D Center, and upcoming years of lithography tech & future achievements.