Aramco Digital, Intel to Establish 1st Center to Develop Open Radio Access Networks in Saudi Arabia

Aramco Digital and Intel plan to establish Saudi Arabia’s first open radio access networks (Open RAN) center. (SPA)
Aramco Digital and Intel plan to establish Saudi Arabia’s first open radio access networks (Open RAN) center. (SPA)
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Aramco Digital, Intel to Establish 1st Center to Develop Open Radio Access Networks in Saudi Arabia

Aramco Digital and Intel plan to establish Saudi Arabia’s first open radio access networks (Open RAN) center. (SPA)
Aramco Digital and Intel plan to establish Saudi Arabia’s first open radio access networks (Open RAN) center. (SPA)

Aramco Digital and Intel announced on Monday their intention to establish Saudi Arabia’s first open radio access networks (Open RAN) center, which is expected to contribute to driving innovation, promoting technological progress and contributing to the Saudi digital transformation process.

Their cooperation is bound to accelerate the development and application of Open RAN technologies, which will boost the Kingdom's endeavor to establish a robust and flexible telecommunications infrastructure focused on accelerating digital transformation across various industries and fulfilling the Saudi Vision 2030, which envisages technological progress and economic diversification.

Open RAN, a sophisticated model of radio network structure, allows for greater flexibility, interoperability and innovation.

Aramco Digital will provide deep knowledge of the Kingdom's development needs and aspirations, and opportunities for the application of Open RAN technology, along with a unique perspective on the Kingdom's economic landscape, while Intel, a leader in computing and communications technologies, will offer its expertise in Open RAN technologies.

The top areas of collaboration between the two companies include the innovation center, which aims to develop an Open RAN to be the focus of innovation, and promote collaboration between engineers of Aramco Digital and Intel, and researchers and industry experts.

The center also seeks to contribute to the development of local competencies by providing training and practical expertise in Open RAN technology and in rapidly evolving edge computing technology through which data is collected and processed.



Samsung Posts a 15-Fold Increase in Operating Profits in Last Quarter 

A Samsung Group flag, right, and South Korean national flag flutter at the company's office in Seoul, South Korea, Wednesday, July 31, 2024. (AP)
A Samsung Group flag, right, and South Korean national flag flutter at the company's office in Seoul, South Korea, Wednesday, July 31, 2024. (AP)
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Samsung Posts a 15-Fold Increase in Operating Profits in Last Quarter 

A Samsung Group flag, right, and South Korean national flag flutter at the company's office in Seoul, South Korea, Wednesday, July 31, 2024. (AP)
A Samsung Group flag, right, and South Korean national flag flutter at the company's office in Seoul, South Korea, Wednesday, July 31, 2024. (AP)

Samsung Electronics Co. reported a 15-fold increase in operating profit for the second quarter this year, largely thanks to a strong demand for memory chips amid the expansion of artificial intelligence technologies.

The South Korean semiconductor and smartphone giant said Wednesday in a statement that its operating profit for the April-June quarter stood at 10.4 trillion won ($7.5 billion), up from 670 billion won reported in the same period last year.

Samsung said its consolidated revenues rose by about 23% to 74 trillion won ($53 billion). The company said favorable market conditions drove higher average sales prices, while robust sales of organic light-emitting diode (OLED) panels also contributed to the stronger results.

“Driven by strong demand for HBM (high bandwidth memory) as well as conventional DRAM and server SSDs (solid state drives), the memory market as a whole continued its recovery,” the Samsung release said.

“This increased demand is a result of the continued AI investments by cloud service providers and growing demand for AI from businesses for their on-premise servers,” it said.

In the second half of this year, Samsung said that AI servers are expected to take up a larger portion of the market as major cloud service providers and enterprises expand their AI investments.