Deal between Saudi Aramco, Samsung to localize 5G industrial communication networks
A non-binding Memorandum of Understanding (MoU) between Saudi Aramco and Samsung Electronics Co., Ltd. outlines first ideas for a strategic partnership that would localize an industrial 5G technology ecosystem in Saudi Arabia, beginning with private networks.
By utilizing cutting-edge 4G and 5G technologies that can provide secure, quick, and reliable communication, the proposed collaboration aims to support the digital transformation of various industrial sectors in the Kingdom, such as energy, petrochemical, and manufacturing. This will satisfy the vital business requirements of various industries.
The businesses work to support the adoption of advanced industrial 5G for vital communications. The Memorandum of Understanding (MoU) comes in the wake of Aramco Digital Company's recent launch, which aims to hasten the Middle East and North Africa (MENA) region's and the Kingdom's digital transformation.
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