Huawei Technologies has inaugurated a new mega-campus in Shanghai on October 14, 2024, as part of China's broader initiative to enhance technological self-sufficiency. The Lianqiu Lake campus spans an impressive 2 million square meters and is designed to eventually accommodate 35,000 researchers. By February 2025, the campus is expected to house around 20,000 employees, with projections to grow to 30,000 by the end of 2026. The facility boasts various amenities, including dining halls and fitness centers, and offers transport options such as shuttle buses and trams. This expansion aligns with Huawei's recent innovations, including the Mate 60 smartphone series and the HarmonyOS operating system, which are pivotal in reinforcing its market position amidst stiff competition from Apple and others. The establishment of this campus has also impacted the local real estate market, with rents in the area rising significantly; three-bedroom flats are now exceeding 6,000 yuan (approximately US$841). This development comes as Huawei continues to push forward with its semiconductor arm, HiSilicon, which is registered in the same district. Meanwhile, Apple has opened its extensive applied research laboratory in Shenzhen, China, further intensifying the competition in the region. Apple's lab aims to enhance product testing and research, particularly for the iPhone and Vision Pro headset, amidst a backdrop of declining market share in the face of Huawei's resurgence. [44d3687b] [602c0d6f] [f5ac9acf] [8180ceff]