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Huawei To Invest 100 Mn To Boost Start Up Ecosystem


Chinese telecom gear maker Huawei on Tuesday announced that it will invest USD 100 million in Asia pacific start-up ecosystem over the next three years. The company plans to expand Spark Program to India after the Covid-19 pandemic situation eases in the country, a senior official of the company said. Huawei Asia Pacific vice-president Jay Chen said that the company has started this program in Singapore and has thereafter, expanded it to other APAC economies like Thailand, Sri Lanka, and Malaysia.
We are investing in these startup ecosystems and providing them with an open and collaborative ICT ecosystem. India is a very important country for Huawei. It has a good economic environment and a hardworking talent pool. As the pandemic situation eases, we have plans to expand the scope of this initiative to support the robust startup ecosystem of India, Chen said. Huawei has been contributing in Singapore, Hong Kong, Malaysia, and Thailand to build their startup hubs. ....

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Accelerating digital economy key for inclusive integration in APAC:


Participants in the webinar entitled Accelerate Digital Economy for Inclusive Integration in Asia Pacific - Connecting Digital Industries in Pandemic on Thursday called for leveraging digital opportunities to build an inclusive ecosystem and promoting regional integration, which is particularly important while still combating the pandemic.
A digital economy is increasingly perceived as the way to overcome disruptions caused by COVID-19. Representatives and thought leaders from governmental, industrial and academic sectors across Asia Pacific joined a virtual conversation organized by Huawei to explore the multiple facets of digital economy, from a market, technology, inclusiveness and sustainability perspective.
Ambassador of Indonesia to China, H.E. Djauhari Oratmangun pointed out in his keynote speech that a new digital economy is shaping the region. The digital transformation has been significantly accelerated during the pandemic, speeding up business changes. Indone ....

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