BOE Chairman Chen Yanshun: Invest 50 billion yuan in R&D in the next three years
BOE Chairman Chen Yanshun revealed at the BOE Global Innovation Partner Conference on September 11th that BOE will invest 50 billion yuan in R&D and 500 billion yuan in procurement over the next three years to support technological breakthroughs and industrial upgrades across the supply chain. BOE will establish marketing and R&D organizations in multiple locations around the world, strengthen its overseas factory presence, and improve its ecosystem. BOE will also allocate 0.5% of its revenue to AI R&D to promote AI's empowerment of manufacturing, products, and operations. Furthermore, BOE has established a robotics team to manufacture and develop robots specifically for factory scenarios.