Saudi Arabia to Host Child Protection in Cyberspace Global Summit on October 2-3

Saudi Arabia to Host Child Protection in Cyberspace Global Summit on October 2-3
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Saudi Arabia to Host Child Protection in Cyberspace Global Summit on October 2-3

Saudi Arabia to Host Child Protection in Cyberspace Global Summit on October 2-3

Saudi Arabia will host the Child Protection in Cyberspace (CPC) Global Summit on October 2-3, as part of the Global Cybersecurity Forum (GCF), which will take place in Riyadh under the patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud.

The summit, organized by the GCF Foundation and the National Cybersecurity Authority in collaboration with the United Nations' International Telecommunication Union (ITU), UNICEF, the DQ Institute, and the WeProtect Global Alliance, aims to establish international cooperation to create a safe and empowering cyberspace for children worldwide.

It will bring together key global decision-makers, government representatives, international organizations, the private sector, and other stakeholders.

UNICEF Executive Director Catherine Russell said the summit represents a significant opportunity to coordinate global efforts to maximize the benefits of technology in children's lives while protecting them from its risks. She emphasized the importance of collaborative efforts to make cyberspace a safe environment for children to learn and socialize.

ITU Secretary-General Doreen Bogdan-Martin highlighted that protecting children online is a shared responsibility and more urgent than ever, especially as children spend increasing amounts of time on the Internet. She noted that the summit will bring together leaders and decision-makers across sectors to ensure that children thrive in a secure digital environment.

National Cybersecurity Authority Governor Eng. Majed bin Mohammed Al-Mazyed stressed that the summit will unite key stakeholders, including international and non-profit organizations and the private sector. The summit will focus on topics and initiatives aimed at enhancing efforts to protect children in cyberspace, particularly in light of their growing use of modern technologies.

Founder of the DQ Institute Dr. Yuhyun Park emphasized the need for coordinated collaboration among stakeholders to enhance children's safety and well-being online.

Executive Director of the WeProtect Global Alliance Ian Drennan pointed out that the threats faced by children online are a pressing and growing concern, making it crucial to focus on creating a safer digital space for children worldwide.

The GCF Foundation, established under a Royal Order in 2023 as an independent entity, aims to unify global stakeholders' efforts through partnerships, collaboration, and knowledge exchange. It also seeks to foster dialogue among leading cybersecurity experts to support economic and social development worldwide.

This year’s edition of the GCF, held under the theme "Maximizing Joint Action in Cyberspace," will feature sessions discussing five key pillars: bridging cybersecurity disparities, cyberspace behavior, social infrastructure in cyberspace, a thriving cyber economy, and new cyber horizons.



Nintendo Faces Trade War Test with Switch 2 Launch

An attendee plays with the Nintendo Switch 2 gaming device at a media event in Tokyo, Japan April 3, 2025. (Reuters)
An attendee plays with the Nintendo Switch 2 gaming device at a media event in Tokyo, Japan April 3, 2025. (Reuters)
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Nintendo Faces Trade War Test with Switch 2 Launch

An attendee plays with the Nintendo Switch 2 gaming device at a media event in Tokyo, Japan April 3, 2025. (Reuters)
An attendee plays with the Nintendo Switch 2 gaming device at a media event in Tokyo, Japan April 3, 2025. (Reuters)

Nintendo's Switch became a source of much-needed escapism during pandemic restrictions. Now, the Japanese video game company faces the harsh reality of a brutal trade war as it launches its successor device.

The Switch 2 is set to debut on June 5. That is eight years after the original Switch, which has sold 150 million units and disproved naysayers who predicted the decline of the console.

While the trade war has put the focus on industries such as cars and chips, the maker of "Super Mario" and "Donkey Kong" games must also grapple with tariffs disrupting its business.

For Nintendo, trade barriers complicate one of the hottest product launches this year as the success of the Switch 2 is vital for the future profitability of the company.

The Switch 2 launch will test Nintendo's ability to manage its supply chain, as it works to secure sufficient supply for the United States while maintaining the $449.99 price tag.

"If the tariffs are really going to hit them, they probably still need to raise the price for the Switch 2," said Serkan Toto, founder of the Kantan Games consultancy.

Nintendo announced the device's price and launch date on April 2, the same day US President Donald Trump unveiled sweeping import tariffs, after an initial reveal in January.

The company then paused the start of US pre-orders as it examines the impact of tariffs before announcing it would maintain Switch 2 pricing with pre-orders beginning on April 24.

Nintendo hiked the cost of some accessories and said in a statement other adjustments "are also possible in the future depending on market conditions."

"The accessory price hikes can only soften the blow to some extent," Toto said.

The company has experienced supply chain ructions in the past with production not limited to China, which has been hit with 145% tariffs on goods entering the US.

"Nintendo plans to supply the US from Vietnam and Cambodia production, under normal demand assumptions," said Robin Zhu, an analyst at Bernstein.

Vietnam and Cambodia have also been hit with tariffs, though the higher levies have been paused for 90 days.

The US is a major market for Nintendo with the Americas making up 44% of Nintendo's sales in the financial year ended March.

"Even in the bear case where Nintendo faces reciprocal tariffs of 46% in Vietnam and 49% in Cambodia, I'm assuming they will have to absorb that cost," said Jay Defibaugh, an analyst at CLSA.

Ampere Analysis forecasts sales of 4.6 million Switch 2 units in the US in 2025, out of 13.2 million units globally.

"I don't think momentum will be impacted in North America," said Piers Harding-Rolls, an analyst at Ampere Analysis.

Experts said hardcore fans would buy the Switch 2 even at higher prices, but a hike could risk sapping demand among the casual players who turned the original Switch into a mega hit.

The sticker price of new gaming hardware is seen as one of the most important factors determining success, with the price of the original Switch also closely scrutinized.

Gamers have been complaining about the 50% price rise compared to the Switch and the higher cost of new software such as the $79.99 "Mario Kart World".

The Switch 2 price tag is seen by some analysts as already factoring in uncertainty over the trade war.

"Nintendo has a wealth of experience in managing the supply chain," said CLSA's Defibaugh.

The expansion of tech giants into gaming and the growth of mobile led some observers to question the need for bulky hardware.

However, Nintendo and Sony continue to hold a leading role in the industry.

Earlier this month, Sony hiked prices of its PlayStation 5 (PS5) in Europe and Britain with some analysts expecting price rises in the US.

The PS5's own launch was disrupted by the COVID-19 pandemic affecting sales earlier in the cycle.

Analysts are generally positive about the prospects for the Switch 2, which offers continuity from its predecessor, with a larger screen and better graphics.

"There's a lot of pent-up demand for a more powerful Switch experience," said Ampere's Harding-Rolls.