DUBAI (Reuters) – Chinese technology company Huawei programs to build a flagship retailer in Riyadh, the greatest such retailer outdoors China, the Saudi authorities mentioned on Friday.
Huawei has signed a leasing deal with Saudi Arabia’s Kaden Investment decision for the shop that will enable the Chinese enterprise to have direct entry to customers amid soaring demand from customers for electronic solutions and providers in the kingdom, the statement reported, without having providing a day for the opening.
Saudi Arabia expects web utilization in the kingdom to increase from covering 82.6% of the population in 2022 from 73.2% in 2017, the Ministry of Investment decision statement stated.
Previous year the Saudi Authority for Info and Artificial Intelligence and Huawei also signed an MOU to recognise Arabic language and character using AI know-how and with the enable of scientists from the kingdom and Huawei.
The United States has told allies not to use Huawei’s technological know-how to construct new 5G telecommunications networks because of issues it could be a car or truck for Chinese spying, an accusation the organization has denied.
Some telecommunication companies in the Gulf nations around the world, like Zain’s Saudi unit Zain KSA, have signed bargains to use 5G technologies from Huawei.
(Reporting by Saeed Azhar enhancing by David Evans)
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