Hungary, Huawei sign MoU on long-term cooperation

Hungary’s Innovation and Technology Ministry and Huawei Technologies Hungary signed a memorandum of understanding, early last week, on long-term cooperation in Budapest, according to a report by state news wire MTI.

According to the announcement, the Minister of Innovation and Technology László Palkovics emphasized in his presentation that the most important technologies for Hungary are related to digitization and green technologies to improve energy efficiency.

The MoU was signed by Innovation and Technology Minister and Huawei Technologies Hungary CEO Colin Cai at a conference organized by the company.

Palkovics said that one of the most important future technologies will be the battery, energy storage, and Hungary has set itself the goal of being the second-largest member state in Europe after Germany with the largest production capacity.

Huawei continues to strive for Hungary to play a leading role in 5G technology and its application. The company is committed to accelerating the commercial use of 5G technology so that all domestic industries can benefit from Industry 4.0,” the Chinese giant said in the statement.

In parallel, the agreement aims at focusing on the digital transformation of education, the development of 5G and fixed networks, and “smart city” products, according to the Hungarian agency.

The document establishes Huawei’s continued close cooperation with local educational institutions and the development of digital instruction through innovation and knowledge transfer, said Huawei.

“We will support higher education in Hungary with the testing and implementation of intelligent campus solutions,” the company added. 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, it noted.

In addition, 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.