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IFCA wishes to inform that IFCA and Huawei Technologies (Malaysia) Sdn Bhd on 3 December 2020 entered into a Strategic Partnership Agreement (“Agreement”) to collaborate in the areas of Market Strategy, knowledge sharing and jointly develop software solutions for property technology (“PropTech”) industry. The joint developed solutions shall be embedded with Huawei’s smart and innovative technologies including but not limited to Cloud Computing, Artificial Intelligence (AI), Big Data, Internet of Things (iOT), Machine to Machine (M2M), facial and/or voice recognition. It is the intent of the Parties that the MOU shall no longer subsist.
IFCA wishes to highlight that the Agreement is now signed with Huawei Technologies (Malaysia) Sdn Bhd instead of with Huawei Services (Hong Kong) Co. Ltd. as mentioned in the MOU announcements previously.