Saudi Arabia’s Research, Development, and Innovation Authority has hosted the National Semiconductor Hub Investment Forum at the Garage in Riyadh.
According to the Saudi Press Agency (SPA), the forum represented a remarkable milestone toward establishing a promising national ecosystem.
The new system will promote the semiconductor industry and build strategic agreements and partnerships with local and international entities.
Therefore, it will serve as a valuable platform to develop the Kingdom’s digital economy and capture new investment opportunities.
The forum has emphasized Saudi Arabia’s pivotal role to elevate the semiconductor industry across the Kingdom.
Moreover, the event showcased the achievements of the National Semiconductor Hub, including qualifying national cadres and providing funding and incentives.
Interestingly, startups caught the opportunity and showcased their innovative solutions in this thriving sector during the event.
In hosting this forum, the authority underscored its commitment to supporting research and innovation and localizing the emerging technologies in line with Saudi Vision 2030.
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