Aramco has signed a non-binding MoU with Samsung Electronics Co, which sets forth preliminary plans for a strategic collaboration that would localise an industrial 5G technology ecosystem, starting with private networks, in Saudi Arabia.
Samsung Electronics decided to work together with Naver, the country s top internet company, in developing artificial intelligence (AI), they said Tuesday. The two companies goal is to develop new semiconductor solutions that will lead to innovation in the emerging AI industry and further boost the country s AI capabilities to compete with global big tech firms.
Samsung Electronics Vice Chairman Lee Jae-yong returned to Seoul on Dec. 9, ending a three-day trip to the United Arab Emirates involving a “small meeting.” “I had a small meeting in Abu Dhabi,” Lee told reporters as he arrived in Seoul, referring to a capital of the UAE. “It was a good opportunity, because experts from around the world in various fields got together to learn how each.