Huawei signs MoU with Asset World Corp for Smart Living Ecosystems

Chinese Multinational technology company Huawei has recently signed a Memorandum of Understanding (MoU) with Asset World Corporation in Thailand.

According to Huawei, this contract will be collaborating on a joint smart building and living ecosystem development, which will be adopted in AWC’s real estate projects.

The partnership was made in the presence of Mr. Abel Deng CEO of Huawei Thailand and Ms. Wallapa Traisorat, CEO and President of Asset World Corp.

The partnership leads both parties to utilize the expertise to achieve exploration of the possibilities for further development of 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.

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.

“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 technical 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.

Wallapa Trisorat, CEO and President, Asset World Corp Public Company Limited or AWC, said that “AWC is committed to creating innovations that lead to the advancement of Thai real estate industry through our relentless determination to learn, explore and apply new technologies to develop new high-quality property projects. We are delighted to work closely with Huawei as our new strategic partner in driving forward our mission of ‘Building a Better Future’. The partnership encompasses the exchange of both parties’ expertise in innovation and feasibility study on the development of robust ICT infrastructure, which is the foundation for any organization to create future growth and stay relevant as consumer lifestyle needs change in the digital age.”

“Under this partnership with Huawei, we will be well-positioned to create greater value for our customers and the real estate industry as a whole, as well as to develop new digital business models and provide new services that ensure sustainability and efficiency in our properties. A wide range of Huawei’s smart devices and world-class solutions will help AWC stay connected and on top of the game in this ever-changing digital era. We will continue to study, explore and develop innovations that benefit people’s living needs and contribute to creating a better and sustainable future for the Thai real estate industry,” added Wallapa.

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