Aramco announced on March 24 that it has signed a non-binding agreement with Samsung Electronics Ltd., which sets forth preliminary plans for a strategic collaboration that would localise 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 requirements across industries.
According to a press release from Aramco, the companies intend to help realise advanced industrial 5G use cases with mission critical communications. It follows the recent launch of Aramco Digital Co, which aims to accelerate digital transformation within the Kingdom, and the Middle East and North Africa (MENA) region.