agreement

Energy & Technology, Investment & Market Trends

Viettel to Expand in Malaysia’s Defense, High-Tech Markets

KUALA LUMPUR: At the DSA & NATSEC 2024, Viettel High Tech has signed strategic partnership agreements with leading companies in Malaysia including MIM Defense (reputable provider in high technology military products) and Transpro (40-year-experienced hi-tech System Integrator in Military and Telecommunication sector). These strategic partnership agreements will utilise the strength of both sides to develop business opportunities in SEA region. Accordingly, MIM Defense, with their comprehensive knowledge and experience in Malaysia market, will be the key partner in marketing, seeking for opportunity and distributing Viettel High Tech’s product in Malaysia, especially in the field of defense and security. Detailed list of products set out to be partnered includes Communications, Electro-Optics, Radar, Multi-system Integration, Electronic Warfare. Similarly, Viettel High Tech will be the product marketing channel of MIM Defense in Vietnam, Southeast Asia, and South Asia. These are the markets Viettel has affirmed their brand in the field. MIM Defense President Datuk Alias affirmed, “Our partnership with Viettel positions MIM Defense to deliver top-tier solutions to the Malaysian government. “Moving forward, this collaboration will enable an exchange of resources, expertise, and technologies that will strengthen the defense industries of both nations. We are particularly well-equipped in integration and providing product consignment to the Navy capabilities that are critical given the urgent maritime security needs in Malaysia. Viettel’s products have met our high standards and expectations.” Additionally, Viettel High Tech CEO Nguyen Vu Ha highlights, “Customisation is the key strength of VHT. We are confident in fulfilling any specific requirements from customers. “With this partnership, we sincerely hope our trusted partner MIM Defense can enable VHT solutions bring better value to our prospective customers, especially Malaysian Army in coming time.” Viettel’s key products leverage the latest technology platforms to ensure dependable performance in modern warfare environments. In the field of Military Communications, the models feature advanced technologies that facilitate smart shortwave transmission lines, allowing the system to automatically and swiftly select the best frequency, speed, and bandwidth. This capability ensures stable and reliable communications over distances up to several thousand kilometers. For Radar, Viettel has developed state-of-the-art near and medium-range maritime radar systems tailored for naval operations. Its Electro-Optics products are designed with high aiming stability and large focal length optical lenses, enabling the detection of targets from several tens of kilometers away. These products are compact and offer extensive connectivity, making them easily integrable with onboard command and control systems. In Electronic Warfare, Viettel has pioneered early warning systems and electronic intelligence/reconnaissance technologies that can autonomously detect, analyse, and identify radio-emitting targets, with easy updates and upgrades built into the design. During the opening ceremony, Viettel High Tech finalised a strategic cooperation agreement with TRANSPRO, a leading Malaysian company. As part of this agreement, Transpro will act as Viettel’s distribution channel in Malaysia, focusing on critical sectors. These include Modelling & Simulation, with an emphasis on combat training simulation systems, as well as 5G private networks and advanced military communications solutions.

Energy & Technology, Investment & Market Trends

CATL and Beijing Hyundai Sign Agreement on EV Batteries

BEIJING: CATL and Beijing Hyundai signed a strategic partnership agreement at the Auto China 2024 to cooperate on Beijing Hyundai’s EV projects, which will power future Beijing Hyundai electric models with CATL batteries. As a joint venture with a deep presence in China for 21 years, Beijing Hyundai has sold over 12 million vehicles in China, proving reliable vehicle manufacturing capabilities. Since its cooperation with CATL began in 2017, Beijing Hyundai has launched a series of popular models with cumulative sales exceeding 200,000 units. With the new agreement in place, Beijing Hyundai is expected to unleash a wave of over 10 leading global models equipped with CATL’s latest battery technology including CTP and NP. Meanwhile, CATL will leverage its technological advantages to work with Beijing Hyundai to create high-quality automotive products and support Beijing Hyundai’s business growth in China. The agreement marks a shared focus on product development and ensures a win-win situation for both companies. CATL has established and strengthened its partnership with Hyundai over the past years. In October 2021, CATL and Hyundai Mobis Co., Ltd. (MOBIS) signed a technology licensing and partnership agreement. From that, CATL will introduce and disclose its cell to pack (CTP) technology to MOBIS as well as support MOBIS in the supply of related CTP products not only in South Korea, but also worldwide.

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