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Huawei and Asset World Corp Sign MoU for Smart Living Ecosystem Development

Huawei Technologies (Thailand), leading ICT solutions and infrastructure provider, recently signed a Memorandum of Understanding (MoU) with Asset World Corp Public Company Limited (AWC), Thailand's leading integrated lifestyle real-estate group, to collaborate on a joint smart building and living ecosystem development, which will be adopted in AWC's real estate projects. The partnership aims to explore fresh opportunities and initiate forward-looking projects that will include areas such as Smart Building, Smart Asset Management, Smart Hospitality and Retail, Smart Campus and Living, as well as Intelligent Connectivity. Both parties will work together to enhance their business efficiency through technology and innovations.

Under this MoU, Huawei will provide AWC with industry-leading tools and technology including 5G-enabled solutions, ultra high-speed Wi-Fi 6 Access Points, IoT Module, smart connected devices, data centers, Cloud storage, Huawei Smart PV Solution, etc. In addition to offering the company's existing platforms and solutions, Huawei will also leverage its strengths and expertise in information and communications technology to develop tailor-made innovations to match AWC's needs and requirements of the highest standards. The flexible and reliable ICT infrastructure to be provided by Huawei will help accelerate the complete digital transformation for AWC's growing and diverse portfolio of hospitality projects, lifestyle destination, and commercial workspaces.

Aiming to constantly create greater value for its customers and the real estate industry as a whole, Asset World Corp is committed to enhancing its productivity through future-proof strategies. Under this partnership with Huawei, the real estate company will be in a position of strength to develop new digital business models and provide new services that ensure sustainability and efficiency in its properties. A wide range of Huawei's smart devices and world-class solutions will help AWC stay connected and on top of its game in this ever-changing digital era.

"The partnership with AWC marks an important milestone for Huawei Thailand," said Mr. Abel Deng, Chief Executive Officer of Huawei Technologies (Thailand), during the signing ceremony. "At Huawei, we always look for ways to make meaningful contributions to Thailand's public and private sector. Through advanced technologies, our aim is to help shape the country's digital future. We are confident that the technological support and unmatchable know-how in the ICT field that we will bring can optimize smart and highly efficient operations in AWC's hotels, retail and office buildings and integrated mixed-use developments," Mr. Deng added.

"Constant development is key to AWC's success. The partnership with Huawei reaffirms our long-standing mission to strive for the better," said Ms. Wallapa Traisorat, CEO and President of Asset World Corp Public Company Limited (AWC). "In this era of digitalization, a strong ICT infrastructure is the foundation for any organization's future growth. This fruitful collaboration will create an ideal win-win situation for both AWC and Huawei," she concluded.