Saudi Arabia Launches First Regional Program for Electronic Chips

The Saudi Semiconductor Program aims to support research, development and qualification of human cadres in the field of designing and localizing electronic chips. (Photo: Asharq Al-Awsat)
The Saudi Semiconductor Program aims to support research, development and qualification of human cadres in the field of designing and localizing electronic chips. (Photo: Asharq Al-Awsat)
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Saudi Arabia Launches First Regional Program for Electronic Chips

The Saudi Semiconductor Program aims to support research, development and qualification of human cadres in the field of designing and localizing electronic chips. (Photo: Asharq Al-Awsat)
The Saudi Semiconductor Program aims to support research, development and qualification of human cadres in the field of designing and localizing electronic chips. (Photo: Asharq Al-Awsat)

The King Abdulaziz City for Science and Technology (KACST) announced on Wednesday the launch of the Saudi Semiconductor Program - the first of its kind in the region – which is aimed at supporting research, development and qualification of human cadres in the field of designing and localizing electronic chips.

President of the City of Science and Technology Dr. Mounir El-Desouky inaugurated the Future of Semiconductors Forum - an event organized by KACST and King Abdullah University of Science and Technology (KAUST) - with the participation of Dr. Shuji Nakamura, Nobel Prize winner in physics and specialist in semiconductor technologies, and Dr. Omar Yaghi, winner of the King Faisal Prize in 2015 and the Albert Einstein International Prize for Science in 2017, and Dr. David Ruchien Liu, winner of the King Faisal Prize in Medicine for Gene Editing Technique.

The inauguration ceremony was also attended by the winners of the same prize in the field of science this year, Dr. Nader Masmoudi and Dr. Martin Heyer, as well as a number of local and international experts.

The program aims to conduct scientific research in electronic chip technologies, and qualify human cadres in the field of design and production to support the localization of the semiconductor industry in the Kingdom.

Addressing the forum, Saeed Alshihri, Director of Materials Science Research Institute at KACST, stressed that the localization of the electronic chip and semiconductor industry would contribute to achieving the goals of the Vision 2030 programs.

“Semiconductor technologies are changing the world as they form the basis of vital fields such as energy, sensors, and information technology, and the foundation of the third and fourth industrial revolutions,” he stated.

The forum will continue its work on Friday with three sessions discussing automotive and space electronics, photovoltaic efficiency, sensors and micro-electromechanical systems.

On Wednesday, agreements were signed between a number of government, private and international entities, to promote and localize the semiconductor industry in the Kingdom.



Türkiye Receives Waiver for Gas Payments to Russia from Gazprombank Sanctions

A view shows a board with the logo of Gazprombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
A view shows a board with the logo of Gazprombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
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Türkiye Receives Waiver for Gas Payments to Russia from Gazprombank Sanctions

A view shows a board with the logo of Gazprombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
A view shows a board with the logo of Gazprombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo

Türkiye has received an exemption for gas payments to Russia after the United States imposed sanctions on Gazprombank, Turkish Energy Minister Alparslan Bayraktar revealed in response to a question from Reuters.

The US imposed new sanctions on Russia's Gazprombank in November, creating an obstacle for buyers of Russian gas, which had been using the bank to make payments. They have since been seeking clarification and exploring other ways to pay.

Türkiye imports almost all its gas requirement and Russia is the top supplier, providing more than 50% of the country's pipeline imports.

Ankara's pipeline gas imports from Russia stood at 21.1 bcm last year.

Türkiye had requested an exemption in discussions with US officials so that it can continue paying for Russian natural gas imports via Gazprombank.

The US on Thursday also granted a waiver to Hungary, which mainly relies on Russian oil and gas.