Saudi Arabia: KACST Signs 13 Partnership Agreements to Build Semiconductor System

KACST signed 13 local and international strategic partnerships to build the semiconductor system. SPA
KACST signed 13 local and international strategic partnerships to build the semiconductor system. SPA
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Saudi Arabia: KACST Signs 13 Partnership Agreements to Build Semiconductor System

KACST signed 13 local and international strategic partnerships to build the semiconductor system. SPA
KACST signed 13 local and international strategic partnerships to build the semiconductor system. SPA

King Abdulaziz City for Science and Technology (KACST) signed 13 local and international strategic partnerships to build the semiconductor system, establish centers of excellence to accelerate technical development in emerging technologies and future communications, and qualify national cadres, as part of the work of LEAP tech conference.

KACST's partnerships in the field of localization of the semiconductor industry included, Alat Company, one of the Public Investment Fund (PIF) companies, in which it built and supported the semiconductor system in the Kingdom, while its partnership with the Global Semiconductor Group (GSG) focused on designing electronic chips, building national talents and attracting global competencies and international companies in the field of electronic chip design to the Kingdom market.

In the field of future communications and open networks, KACST through its strategic partnership with the Ministry of Communications and Information Technology, the Research, Development and Innovation Authority (RDIA), the Saudi Telecom Company (STC), and Saudi Aramco, established a national technical and industrial alliance in the fields of 5G and 6G communications technologies and Open RAN, to create an ecosystem to stimulate innovation and entrepreneurship in future communication technologies, ensuring the Kingdom’s global role as a major developer of 6G technologies.

KACST, in partnership with Aramco, the Ministry of Communications and Information Technology, the RDIA, and the National Industrial Development and Logistics Program, launched the Saudi Accelerated Innovation Center to enhance quantum technologies and develop 5G and 6G communications networks.
KACST launched a strategic partnership with Animoca Brands to enhance the application of Web 3 system in the Kingdom, facilitate the arrangement of companies and institutions to enter the Web 3 system, and identify joint research and development projects in blockchain applications, games, artificial intelligence, and metaverse development.
To promote public health, KACST has concluded a strategic partnership with Ascend Solutions Ltd. to develop innovation in the field of digital health and disability research, promote virtual health care, and contribute to building innovative health technologies using AI and Internet of Things technologies.
To localize emerging technologies and build future cities, KACST signed a strategic partnership with Cisco Saudi Arabia Limited Company to establish the Virtual Digital Innovation Center (VDIC).
KACST also signed a strategic partnership with Elm Company, to enhance cooperation in the field of future cities' technologies and emerging technologies, in addition to its partnership with Tulip Technologies Company to enhance cooperation in research and development, and training in the field of robotics, AI, and automation.
To achieve the objectives of the Made in Saudi Program, KACST signed a strategic partnership with CiDi Auto (Hong Kong) Limited, to cooperate in research and development activities related to heavy trucks, future transportation technologies, and smart cities, and to explore the feasibility of supplying the Saudi market with these trucks, and work on research, design and manufacturing of vehicles in the Kingdom to join the international market.
Additionally, the partnership is designed to facilitate the testing and implementation of new technologies in KACST laboratories, establishing laboratories in common fields, and hosting technical companies that focus on research, development and innovation activities.
To boost innovation, KACST has established a partnership with the Hong Kong Cyberport Management Company Limited to develop the infrastructure of science and technology parks in the Kingdom, facilitate the entry of companies from the Kingdom and Hong Kong into potential markets, help them succeed and adapt, and create opportunities for cooperation in digital service platforms and programs to enhance operating efficiency and provide services in science and technology fields.
Regarding developing the skills of national cadres; the Academy 32 at KACST signed a strategic partnership with Cisco Saudi Arabia Limited and Nortal, to transfer knowledge and qualify human cadres in the field of professional certificates in information technology.



Apple’s China Market Share Shrinks as Huawei Surges, Data Shows 

A woman walks past a logo of Apple Inc in Wuhan, Hubei province July 24, 2013. (Reuters)
A woman walks past a logo of Apple Inc in Wuhan, Hubei province July 24, 2013. (Reuters)
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Apple’s China Market Share Shrinks as Huawei Surges, Data Shows 

A woman walks past a logo of Apple Inc in Wuhan, Hubei province July 24, 2013. (Reuters)
A woman walks past a logo of Apple Inc in Wuhan, Hubei province July 24, 2013. (Reuters)

Apple's market share in China shrank by two percentage points in the second quarter of 2024, as the tech giant faced intensifying competition from rivals like Huawei, according to data from market research firm Canalys.

The decline underscores the difficulties the US tech giant faces in its third-largest market.

Huawei's smartphone shipments surged 41% year-on-year in the quarter, bolstered by the launch of its new Pura 70 series in April.

The Canalys data, while not providing specific shipment figures for Apple, showed that the company's market share in China dropped to 14% in the second quarter of 2024, a decrease from 16% in the same quarter of 2023.

As a result of this decline, Apple's ranking in the Chinese smartphone market fell from third to sixth place.

Overall, China's smartphone shipments rose by 10% in the quarter, Canalys said. Vivo was the top vendor with a share of 19%, followed by Oppo, Honor and Huawei with 16%, 15% and 15% respectively.

"Domestic manufacturers have demonstrated market leadership, occupying the top five positions in the mainland Chinese market for the first time in history," said Lucas Zhong, research analyst at Canalys.

"On the other hand, Apple faces growth pressure in the Chinese market and is actively focusing on optimizing channel management."

Huawei made a comeback to the high-end smartphone segment last August with the release of a device powered by a domestically-made chip, defying US sanctions that have cut off its access to the global chipset supply chain.

In an effort to boost sales, Apple has ramped up its discounting efforts this year to entice consumers. The US company launched an aggressive campaign in May, doubling the scale of an earlier promotion in February and offering price cuts of up to 2,300 yuan ($318.84) on select iPhone models.

Analysts expect Huawei's strong performance to continue throughout the year. Canadian research firm TechInsights projected earlier this year that Huawei's overall smartphone shipments in China will exceed 50 million units in 2024, with the Pura 70 series accounting for 10 million of those shipments.

That would make Huawei the No. 1 seller with a 19% market share, up from 12% in 2023, TechInsights has said.