The company said it has launched a car-hailing service in Russia earlier this week, marking the first European market in its global road map as it looks to outpace rivals such as Uber Technologies Co. The services will initially be available in southwestern Kazan, the capital and largest city of the Russian Republic of Tatarstan, home to the country's largest IT park.
The competition, run by the Royal Observatory Greenwich in London, celebrates outstanding images of celestial objects, cosmic events and regions of the night sky. It is widely considered to be the most prestigious competition of its kind in the world.
The company now has 59 new energy projects under construction in the country, including eight offshore wind projects with a total installed capacity exceeding 7.05 million kW, said Zhang Jianzhong, deputy head of the subsidiary firm.
The company raked in 721.2 billion yuan in global sales revenues, spending 14.1 percent of that in R&D. Total R&D investment by the company in the last 10 years has surpassed 480 billion yuan, according to Huawei's 2018 annual report.
The company received over 3,800 purchase demands in various goods categories from 102 local governments across China, with total volume reaching 220 million pieces or sets.
The company's subsidiary GAC Motor released its new Qiyun smart SUV last month, an upgraded version of the brand's best-selling GS4 SUV, with multiple smart technology enhancements for a stay-connected mobile lifestyle.
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The company invested 46.5 billion yuan (.9 billion) on a sixth generation AMOLED production line, which was rolled out in May, at its Chengdu factory. It can turn out 48,000 glass substrate panels per month.
The company is also working to expand the business to Britain, Russia and Poland, where it has already achieved some progress.
The company, which started to drill in June 2018, has overcome the difficulties posed by ultrahigh-temperature and ultra-high-pressure conditions, said Cai Zhenzhong, head of the company's resource exploration department.
The company's self-heating technology enables batteries to warm up from - 20 degrees Celsius to 10 degrees Celsius in 15 minutes. It has also extended electric vehicles' battery life to 600,000 km.