InnoSpace, Huawei sign MoU for Thailand startup ecosystem development

Event Calendar Press Releases Monday September 9, 2019 16:50
Bangkok--9 Sep--Francom Asia
InnoSpace and Huawei on Monday in Bangkok signed a Memorandum of Understanding (MoU) for collaboration on innovation and startup ecosystem development in Thailand.

Signed by Mr. Tevin Vongvanich, Chairman of the Advisory Committee of InnoSpace, and Mr Deng Feng, CEO of Huawei Thailand, this two-year MoU aims to establish a collaboration to support the development of Thailand startup ecosystem through knowledge sharing, technological training, and provisioning of startup incubation services and supports.

As a leading global provider of ICT technology and innovations, Huawei, jointly with InnoSpace, will provide opportunities for Thailand's startups to exchange, develop and consolidate their knowledge, information and experiences to explore new capabilities in the fields of Big Data, 5G, Artificial Intelligence (AI), Internet of Things (IoT), Cloud service, etc. through the company's existing platforms.

Deputy Prime Minister Dr. Somkid Jatusripitak, together with Mr. James Wu, President of Huawei Southeast Asia, has presided over the signing of the MoU between InnoSpace and Huawei to celebrate the joint commitment of the two companies to drive Thailand's digital economy.

"Today, I'd like to once again give my thanks to Huawei for its continued support. The company has always stepped up its efforts to help Thailand's digitalization and provide new technology platforms for both existing and upcoming start-ups in our country," Dr. Somkid said during the signing ceremony.

Mr. Deng Feng, CEO of Huawei Thailand, reasserted that Huawei is committed to being the enabler of Thailand 4.0, from to be the best partner for digital infrastructure, a facilitator for the digital and intelligent transformation of industries, a pioneer of smart life, and also committed to training ICT talents and building an industry ecosystem.

"We admire and support InnoSpace's vision and contributions to the startup incubation and collaborative innovation in Thailand. By localizing our operations and building an ecosystem supported by cutting-edge technologies, we're dedicated to enabling Thailand's startups, and innovators maximize their global value and share win-win outcomes," Deng said.

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. Through open collaboration with ecosystem partners, Huawei has been working to empower people, enrich home life, and inspire innovation in organizations of all shapes and sizes in Thailand for 20 years.

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