Hatten Land Signs Agreement with Huawei in Emerging Digital and Renewable Energy Opportunities in Asia
SGX Catalist-listed Hatten Land Limited announce that its wholly-owned subsidiary Hatten Edge Pte. Ltd. has entered into a Comprehensive Collaboration Agreement with global leading information and communications technology (ICT) provider Huawei International Pte. Ltd.
December 27, 2021. By News Bureau
Under the CCA, both companies will jointly explore and develop opportunities in cloud computing and enterprise intelligence, renewable energy, data centres, fintech infrastructure in Melaka and the region by utilising their respective capabilities in technology, operational resources and business networks.
Due to the fast-paced digital transformation and impact of the pandemic, Southeast Asia has seen phenomenal growth in digital entertainment, including the gaming and esports sector of which the Malaysian gaming market alone is expected to show an annual growth rate (CAGR 2021-2026) of 9.60%, resulting in a projected market volume of US$676m by 2026.
Tapping on the high growth and profitability potentials of the digital entertainment industry, Huawei endeavours to share its world class expertise and cutting-edge technology in cloud and enterprise intelligence with Hatten to codesign and co-market innovative cloud products and services, including gaming cloud solutions. Currently, HUAWEI CLOUD is one of the world’s fastest growing major cloud service provider.
Dato’ Colin Tan, Executive Chairman and Managing Director of Hatten, said: “The Huawei-Hatten partnership is a strong and uniquely complimentary combination. Huawei’s expertise in innovation, technology and complex digital product integrations, and Hatten’s established track record and business network in Malaysia and the region will allow us to build the next generation of cloud solutions, digital platforms and renewable energy solutions".
“HUAWEI CLOUD is excited to be working with Hatten to support its digital related ventures. We believe our technology and innovation will help with the multifaceted needs Hatten has for its strategic pivot.”, says Rex Lei, Managing Director of HUAWEI CLOUD Singapore.
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