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General

Huawei and Indra sign joint development deal

Monday 27 March 2017 | 08:34 CET | News
Huawei and Spanish tech group Indra announced at CeBIT 2017 a joint development agreement covering multiple sectors. Under the terms of the global partnership, Huawei and Indra will set up joint working groups to collaborate in bringing new competitive solutions to market and securing future business worldwide. Indra is currently the second largest investor in R&D in its sector in Europe, having ploughed back between 5 and 8 percent of its annual revenues in the last ten years, while Huawei invested about 14 percent of its sales revenue in R&D in 2016.

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Categories: General
Companies: Huawei / Indra
Countries: Spain / World
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