Partnership marked by visit of Waterloo's President to Huawei Campus in Shenzhen, China
SHENZHEN, China, Nov. 14, 2016 /CNW/ - Huawei, a leading global information and communications technology (ICT) solutions provider today welcomed Feridun Hamdullahpur, President and Vice-Chancellor of the University of Waterloo and a senior-level delegation of representatives to its global operations headquarters in Shenzhen, China.
In support of the visit, Huawei and the University of Waterloo announced they have signed an agreement on a strategic research partnership that will serve as a framework for existing and future investment.
"This is an exciting day for Huawei's R&D collaborations as we join together with the University of Waterloo" said Sean Yang, President Huawei Canada. "The University of Waterloo is one of the world's leading research institutions, and this partnership reflects our long-term commitment to Canada, and the thriving ICT ecosystem in the Waterloo Region."
"Today we build on our strategic partnership with Huawei, that includes a research and development office in the David Johnston Research and Technology Park at Waterloo," said Feridun Hamdullahpur, president and vice-chancellor of Waterloo. "This formalized partnership brings together one of world's top innovation universities and one of the world's most innovative companies, positioning us for some exciting research opportunities in the future."
The research collaboration agreement between Huawei and the University of Waterloo will establish a framework for partnerships in a wide range of R&D initiatives, including cloud computing, next generation communications, data management and data analytics. It builds on a number of ongoing research initiatives in 5G-related project areas between Huawei and the University, and will help to further build a base of skilled students able to ensure Canada's competitiveness in leading-edge communications technology initiatives.
Over the next three years, as part of the partnership agreement Huawei plans to invest $3 million dollars to develop further research projects.
About the University of Waterloo
University of Waterloo is Canada's top innovation university. With more than 36,000 students we are home to the world's largest co-operative education system of its kind. Our unmatched entrepreneurial culture, combined with an intensive focus on research, powers one of the top innovation hubs in the world. Find out more at uwaterloo.ca
About Huawei Technologies
Huawei is one of the world's leading ICT and Communications companies. With 178,000 employees in over 170 countries worldwide, through continued investments in Research & Development, Huawei is recognized as one of the world's most innovative companies.
Huawei has been operating in Canada since 2008, and employs over 700 people. The Huawei Canada Research Centre opened in 2009, and now employs over 400 engineers at research facilities in Ottawa, Markham and Waterloo. In March 2016, in partnership with the Province of Ontario, Huawei Canada announced a 5-year, $500m plan to accelerate investment and job creation in 5G-related research initiatives.
SOURCE University of Waterloo
Image with caption: "Feridun Hamdullahpur,President and Vice-Chancellor and Stephen Watt, Dean of Math of the University of Waterloo tour Huawei’s global operations headquarters in Shenzhen, China with Sean Yang, President Huawei Canada. (CNW Group/University of Waterloo)". Image available at: http://photos.newswire.ca/images/download/20161114_C1485_PHOTO_EN_817431.jpg