Huawei Spain and the University Politecnica de Madrid have signed an agreement to create a institutional chair dedicated to the development of 5G technology.
The HUAWEI-UPM5G Chair in Business is reportedly the first-ever created around 5G technology in Spain. The goal is to promote closer ties between the university and the Chinese telecommunications giant, Chinese state media reported.
Tony Jin Yong, the CEO of Huawei Spain, said the institutions have been working together for five years.
Huawei has long been seeking high-quality tech talent to partner with in Spain, state media said.
5G is the Future
The Made in China 2025 initiative, launched in 2015, aims to see China lead the way in high-tech and emerging technologies, including 5G, artificial intelligence and more.
China and the U.S. have been racing to adopt the super-fast wireless technology, which will be used to power self-driving cars, virtual reality and smart cities. In March, China’s Baidu completed the first self-driving road test based on a 5G network environment.
The idea is that the first country to get their 5G networks up to speed ,so to speak, will attract more global investment and be able to lure the best talent from around the world.
Three Chinese telecommunications industry leaders —China Unicom, China Mobile and China Telecom — were recently given the greenlight by Chinese officials to create and test 5G networks in 16 different cities across the country.