The European Commission has recently unveiled the 2024 EU Industrial R&D Investment Scoreboard. Alphabet, the parent company of Google, leads the pack with an impressive R&D investment of 39.8 billion euros, followed closely by Meta and Apple in the second and third positions, respectively. Huawei stands out at the sixth rank, with an R&D investment of 19 billion euros, solidifying its position as the highest-ranked Chinese enterprise on the list. This comprehensive scoreboard encompasses the top 2000 enterprises with the largest R&D investments in the 2023 fiscal year, amounting to a staggering 1,257 billion euros, which constitutes over 85% of global commercial R&D expenditure.
