Huawei announces to invest 35 million Euros in Paris OpenLab

Huawei has announced to invest 35 million Euros in its Paris OpenLab over five years. Speaking at the VivaTech Conference in Paris, Huawei Deputy Chairman Ken Hu has said the investment showed confidence that France has been on the way to become a global innovation hub.

In a keynote speech titled "Our Shared Ambition", Hu has shared how converging digital technologies are bringing revolutionary change, and highlighted that openness and collaboration is the only way to drive innovation forward. Hu has announced that Huawei will invest 35 million euros into its OpenLab in France over the next five years, and will work together with customers and partners to build a stronger digital ecosystem in the country.

Hu says, "This is the best time for innovation. Here in France, you've got world-leading basic research, so many talented people, and an innovation-friendly environment.France is in a great position to be a global hub forinnovation. Huawei has been here for 17 years, and we are so proud to be part of this ambition. Technologies like 5G, cloud, and AI are the main drivers of innovation, accelerating digital transformation across all industries. By 2025, there will be 100 billion connections around the world, all companies will use cloud, and 77% of cloud applications will be powered by AI.Hu remarked, "When these technologies are combined, there will be fundamental changes to all industries. These technologies will also reshape everything we are familiar with today."

According to Hu, mobile phones will reshape the personal digital experience. As personal computing centers, mobile phones will integrate more naturally with devices like tablets, PCs, TVs, and cars to form a more user-centric ecosystem, which will provide a seamless and more intuitive digital experience.

Smart cars will become mobile super computers and data centers, rather than just a means of transportation. Each car will have tens of millions of lines of code and terabytes of computing power.Software, hardware, and applications in cars will be able to be upgraded anytime, anywhere to completely refresh the user experience. Carmakers must to consider how to meet these evolving needs and create new value for their customers.

Huawei opened its Paris OpenLab in April 2018, providing a platform for experts from different industries to identify their future needs in digital transformation and to develop industry-specific solutions. In just one year, 50 partners worked on 15 industry solutions covering retail, manufacturing, and smart cities. Over the next five years, Huawei’s investment of 35 million Euros in its OpenLab in France will make it a stronger platform for cross-industry collaboration.