Huawei launches scholarship program at Óbuda U

Innovation

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Chinese-owned Huawei Technologies Hungary on Monday announced the launch of a scholarship program to support research projects in solar energy and the industrial use of 5G mobile networks at Budapest's University of Óbuda, according to a report by state news wire MTI.

Offering "tens of millions of forints" of scholarships, the Huawei SEEDs program targets students, groups of students and mentor teachers in projects focused on digitalized energy efficiency solutions, especially related to the industrial use of solar energy and energy storage, and reduced energy consumption using 5G technology. Virtual Reality and Augmented Reality, as well as applications for industrial robotics are other areas of supported research.

Huawei Technologies Hungary also said it signed an agreement with the University of Óbuda and the CECZ Central European Trade and Logistics Cooperation Zone on closer cooperation and support for exchanges of knowledge and experience.

Huawei Technologies Hungary managing director Jason Xie said the goal of the cooperation is to develop new solutions that bring out the potential of 5G technology for industrial businesses through the local adoption of Industry 4.0 solutions, especially in logistics.

Huawei operates its biggest supply center outside of China in Hungary, employing more than 2,000 people.

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