Huawei launches its $100-million initiative to build 1,000 startups into the Spark accelerator program during its founders summit. CONTRIBUTED PHOTOHuawei announced recently its plan to invest $100 million in startup support at the inaugural Huawei Cloud Spark Founders Summit, which took place simultaneously in Singapore and Hong Kong. Huawei said the investment would go towards its Spark program in the Asia Pacific (APAC) region including the Philippines, which aims to build a sustainable startup ecosystem over the next three years. Huawei Cloud infrastructure works in conjunction with Huawei Mobile Services (HMS) to support startups from all industries. "For the past two decades, we have remained committed to being 'in Asia Pacific, for Asia Pacific'," said Jeffery Liu, president for Asia Pacific region of Huawei.

Source: Manila Times August 14, 2021 08:37 UTC