Crown Prince attends Saudi Cup horse race in Riyadh    Bergwijn, Benzema lead Al-Ittihad to dominant 4-1 Clasico win over Al-Hilal    Saudi U-20 team secures spot in 2025 FIFA U-20 World Cup with last-minute winner over China    Saudi Media Forum concludes with key industry partnerships and award recognitions    Hamas hands over six Israeli captives in latest prisoner exchange    US and Ukraine near deal granting US mineral rights in exchange for military aid    Israeli forensic institute confirms remains of hostage Shiri Bibas    Australia presses China for answers over reported live-fire exercises near its coast    PIF seeks to expand US investments despite restrictions, says governor Al-Rumayyan Saudi sovereign fund launched 103 companies across 13 sectors, aims to attract more foreign talent to Saudi Arabia    Saudi minister holds high-level talks at FII Miami to boost AI, tech, and space partnerships    Al-Ettifaq stuns Al-Nassr with late winner as Ronaldo protests refereeing decisions    King Salman: Our nation's path has remained steadfast since its founding    Imam Mohammed bin Saud: The founder of the First Saudi State and architect of stability    King Abdul Aziz: Founder of the Third Saudi State and leader of modern Saudi Arabia    'Neighbors' canceled again, two years after revival    Al-Tuwaijri: Not a single day has passed in Saudi Arabia in 9 years without an achievement Media professionals urged to innovate in disseminating Kingdom's story to the world    Proper diet and healthy eating key to enjoying Ramadan fast    Saudi Media Forum panel highlights Kingdom's vision beyond 2034 World Cup    AlUla Arts Festival 2025 wraps up with a vibrant closing weekend    'Real life Squid Game': Kim Sae-ron's death exposes Korea's celebrity culture    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi Arabia sets up National Semiconductor Hub to attract SR1 billion investment
Published in The Saudi Gazette on 06 - 06 - 2024

RIYADH — Saudi Arabia announced the establishment of the National Semiconductor Hub, which aims to attract over SR1 billion ($266.6 million) investment capital and funds in deep technology. This is part of efforts to establish 50 companies to design chips, which are witnessing high demand with the growth of artificial intelligence.
The National Semiconductor Hub was launched during the opening session of the Future of the Semiconductor Forum 2024 in Riyadh on Wednesday. The hub aims to promote the local design of electronic chips, and support 50 specialized companies in electronic chip and semiconductor design technologies.
Through the National Semiconductor Hub initiative, Saudi Arabia seeks to attract 25 international semiconductor experts with the aim of providing vision, advice and guidance. The Kingdom is working to be a gathering center for global markets, and its most important feature in the field of semiconductors is its strategic location, according to Rapid Silicon CEO Dr. Naveed Sherwani, who will head the new hub. It is noteworthy that the Alalat company, which was launched by Saudi Crown Prince and Prime Minister Mohammed bin Salman in February 2024 is the national basis for semiconductor manufacturing.
The two-day forum was organized by the King Abdulaziz City for Science and Technology (KACST), in cooperation with the King Abdullah University of Science and Technology (KAUST), under the title "Empowering Silicon Innovations."
The opening session was attended by Minister of Communications and Information Technology and Chairman of the Board of Directors of KACST Eng. Abdullah Al-Swaha, Minister of Investment Eng. Khalid Al-Falih, President of the Saudi Authority for Data and Artificial Intelligence Dr. Abdullah Al-Ghamdi, and President of Princess Nourah Bint Abdul Rahman University Dr. Enas Al-Issa. The event was also attended by several officials, decision-makers, and an elite group of experts and specialists in the field of semiconductors.
The forum focuses on creating an integrated operating environment for companies that design semiconductors, and would provide high-quality jobs. During the forum, several ambitious initiatives were announced to bolster the Kingdom's global standing in the field of semiconductors, boost the digital economy, develop local talent in this crucial field, and bring about transformative changes in the Middle East region.
Dr. Munir Eldesouki, President of KACST, declared the establishment of the National Capability Center for Semiconductors (NCCS) during the inaugural session. This center provides researchers and experts with access to advanced clean room laboratories spanning over 3,600 square meters at KACST and KAUST. It aims to create a research network for local and international universities, as well as the public and private sectors, to conduct specialized research in the electronic chip design industry. The ultimate goal is to fulfill national research, development, and innovation priorities and aspirations.
Dr. Eldesouki said the center will provide its resources to researchers from over 30 Saudi universities. This will help in developing expertise in electronic chip production by training 500 researchers and students in semiconductor technologies every year. He also announced a new joint master's program in the field of semiconductors between KACST and Princess Nourah Bint Abdulrahman University and the University of California - Los Angeles (UCLA). The program aims to offer high-quality education to produce skilled professionals for the semiconductor industry and provide 35 percent intensive academic education and practical training in clean room laboratories in KACST that ends with them obtaining an academic degree. He said that the program contributes to achieving the goals of Saudi Vision 2030 by qualifying male and female researchers in future technology specializations.
Dr. Eldesouki also announced the opening of registration for the first batch of the semiconductor incubator program (Ignition), the first of its kind in the region. It is designed to attract ambitious entrepreneurs from all over the world, boost the development of local and international start-ups, achieve technical progress in the semiconductor industry, and contribute to national economic growth.
In his speech, Dr. Mohammed Al-Otaibi, general Supervisor of the Research and Development and Innovation Authority (RDIA), unveiled the salient features of the National Semiconductor Hub. He said that the hub plans to train and employ 5,000 engineers for integrated circuit design. Furthermore, the National Technology Development Program (NTDP) will provide more than SR150 million worth of support products to companies within this group.
Dr. Al-Otaibi emphasized that the Hub will play a vital role in boosting local industries, supporting research and innovation, and fostering a cutting-edge environment to strengthen the Kingdom's position in the semiconductor industry. Prof. Tony Chan, president of KAUST, emphasized that the forum represents the strategic collaboration between KACST and KAUST. It also highlights the Kingdom's keenness on this industry and its potential to create a promising future. Prof. Chan stressed the university's commitment to developing world-class research and innovation capabilities in the field of semiconductors to pave the way for a bright future to achieve the ambitious Saudi Vision 2030.
During a talk at the conference, Prof. Shuji Nakamura, a Nobel Prize winner in Physics in 2014, discussed how his invention, "VCSEL Laser Technology," is utilized in short-distance communication, car sensors, and facial recognition tools in smartphones. Over two days, the forum hosted eight scientific sessions. These sessions focused on various aspects of the semiconductor industry in the Kingdom. Participants discussed the general semiconductor landscape in the Kingdom to explore opportunities and shape the future, the pioneering semiconductors excellence in the Kingdom, strategic initiatives to enhance the semiconductor industry and localization opportunities, as well as the role of semiconductors in space exploration, and 6G communications research and beyond, and the development and manufacture of semiconductors in the Kingdom.
The participants also discussed the new advancements in photonics and quantum technologies, the role of artificial intelligence and data science in lighting technologies, and technical progress in semiconductor packaging and its applications. The attendees also deliberated the significance of integrated sensors and their uses in the Internet of Things, electronic chips in electric vehicles, and the Kingdom's endeavors to localize and advance the electronic chip industry. This aims to establish a prominent position for the Kingdom in this field globally, considering the country' efforts to localize silicon innovations and its favorable position in terms of human resources, scientific capabilities, economy, and geography compared to other countries.
The forum featured an exhibition showcasing 20 local and international companies. The exhibition showcased the newest advancements in semiconductors and research posters related to this field


Clic here to read the story from its source.