ITM, Huawei sign MoU on long-term cooperation
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Hungary's Innovation and Technology Ministry and Huawei Technologies Hungary signed a memorandum of understanding on long-term cooperation in Budapest on Tuesday, according to a report by state news wire MTI.
The MoU was signed by Innovation and Technology Minister László Palkovics and Huawei Technologies Hungary CEO Colin Cai at a conference organized by the company.
The memorandum extends to digital education, the development of 5G and fixed-line networks, and smart city solutions.
Huawei Technologies said the document establishes Huawei's continued close cooperation with local educational institutions and the development of digital instruction through innovation and knowledge transfer. The company will support higher education in Hungary with the testing and implementation of intelligent campus solutions, it will continue to upgrade WiFi systems and broadband networks at schools, and it will offer intelligent cooperative and virtual desktop solutions in the interest of boosting the efficiency of remote learning.
The company will continue its support for talented IT engineers that has benefitted some 2,000 university students in the framework of an agreement signed with the ministry in 2019.
Huawei said that it will also continue to strive to make Hungary a "leading player" in the rollout and application of 5G technologies and is committed to accelerating the commercial use of such technologies, allowing all branches of industry to benefit from the advantages of Industry 4.0, it added.
In the framework of the cooperation, the Innovation and Technology Ministry has committed to continue to ensure an open business environment in Hungary, free from discrimination, for the development of 5G networks.
The sides also signalled the launch of an initiative to educate SMEs on the advantages of useful and simple ICT solutions.
Huawei Technologies said the conference, dubbed Tech4Green - Digital Power Summit, focused on the significance of new technologies such as artificial intelligence, cloud computing and Big Data on the path to achieving climate neutrality.
In a presentation to conference-goers, Palkovics said the most important technologies for Hungary are green ones connected to digitalization and improving energy efficiency.
He said batteries and energy storage will be key technologies for the future, adding that Hungary aims to have the second-biggest manufacturing capacity for those technologies in Europe, after Germany.
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