Aramco signs MoU with Samsung Electronics to localize industrial 5G communication networks and facilitate digital transformation in Saudi Arabia
24 March 2023
Aramco has signed a non-binding Memorandum of Understanding (MoU) with Samsung Electronics Co., Ltd., which sets forth preliminary plans for a strategic collaboration that would localize an industrial 5G technology ecosystem, starting with private networks, in Saudi Arabia.
The proposed collaboration aims to contribute to the digital transformation of various industrial sectors in Saudi Arabia, such as energy, petrochemical, and manufacturing, by leveraging advanced 4G and 5G technologies capable of providing secure, fast and reliable communications to satisfy business critical requirements of industries.
The companies intend to help realize advanced industrial 5G use cases with mission critical communications. It follows the recent launch of Aramco Digital Company, which aims to accelerate digital transformation within the Kingdom, and the Middle East and North Africa (MENA) region.
Related
-
Ewec receives bids for 2.5GW Taweelah C IPP
9 September 2025
-
Serbia’s EPS plans to build 500 MW of wind farms with strategic partner
7 September 2025
-
Italy launches 1.6 GW solar auction
7 September 2025
-
Montenegro utility launches 240 MWh battery storage tender
6 September 2025
-
HiTHIUM signed supply agreement for 3GWh BESS project across Europe
6 September 2025
-
Syria signs agreement with Acwa Power for 2.5GW renewables
5 September 2025