Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

Huawei and Russian State-Owned Bank Team Up On Cloud Platform

By Ding Yi / Mar 05, 2020 03:49 PM / World

Photo: VCG

Photo: VCG

Chinese tech giant Huawei is working with Russia’s state-owned bank Sberbank Group to build a cloud service platform as part of ongoing efforts to expand into the Russian digital market, according to a statement issued by the bank.

The platform named SberCloud.Advanced will give its users access to 37 new cloud services integrated into one system and will assist them in creating information technology infrastructure in the cloud, using big data clusters and managing apps, the statement said.

The platform, which will function under Russian jurisdiction, will target large, medium-sized and small businesses including startups, the statement added.

The partnership between Huawei and Sberbank comes as China and Russia rally in defiance against the U.S., which has banned the Chinese company from doing business with American firms since May in what President Putin called a “technological war.”

In December 2018, Huawei, in partnership with Chinese bankcard issuer UnionPay, launched the digital payment tool Huawei Pay in Russia, making it the first non-Chinese country where the service is available.

Contact reporter Ding Yi (yiding@caixin.com)

Related: Huawei Mulls Its First European 5G Plant in France Amid U.S. Tensions


Share this article
Open WeChat and scan the QR code