Business In Hi-Tech

Huawei will supply its most high-performance processors of the Kunpeng series for the implementation of the "Yarovaya law" and for other projects of the national program "Digital economy". The Chinese company intends to establish joint production of the equipment necessary for realization of the law with the Russian company "Norsi-Trans". The equipment will be created on the basis of Kunpeng processors and using Russian components. The signing ceremony of the partnership agreement between the companies will be held on October 31.

Schneider Electric announced the finishing of the project on data center building for the biggest Narxoz University of Kazakhstan Republic, preparing specialists in the sphere of economic, law and business education.

Alibaba Group, MegaFon, Mail.ru Group and the Russian Direct Investment Fund (RDIF) have completed an investment to establish a joint venture to integrate key Russian consumer Internet and e-commerce platforms and launch a leading joint venture on social commerce in Russia and CIS.

The state committee of information technologies and communications and the tender commission announced the results of the competition.

The direction of the electrotechnical equipment (brands VIKO and Panasonic) begins its work in the Russian division of the Japanese Corporation Panasonic in September 2019. New structure will take over the development of relevant product categories (wiring accessories, switching equipment, surge protectors, switchboards etc.) and direct distribution in Russia.

Rosatom has certified Axis Communications video surveillance equipment of the P13, P14, P33 and Q60 series for installation at nuclear facilities. All cameras have passed the mandatory tests regulated by Rostest for use at nuclear facilities on the territory of Russia.

H3C company under the Chinese state corporation has succeed to enter Russian ICT market, planning to take its own niche in the competition with Cisco and Huawei. After three years Russia will become the primary foreign market for it.

VEB Ventures and South Korean management company Daedeok Ventures Partners (DVP) will create a Russian-Korean investment fund with a volume up to 200 million dollars. The companies agreed on this by signing a contract on strategic cooperation. It is expected that leading Russian and Korean funding organizations, public and private investors will be participants of the fund.

The Ministry of Digital Development, Communications and Mass Media of Russia (Minsvyaz) announced the tender worth 335 million rubles to provide the service of estimation of digital economy development in Russia. The contractor will have to develop a methodology for statistical observations to measure parameters of development of the digital economy. Big Data will be used in statistical calculations, also a system of business analytics will be created for the website of Minsvyaz.

The ceremony of end of construction of the new industrial-warehouse building on the territory of LG Electronics plant took place in Ruza city district of Moscow region. The company continuous the program realization of developing and improvement of production, placed in Moscow region. The area of the new housing is 25 thousand square meters. The amount of investments in the project is more than 1.8 billion rubles.