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The Minister of Communications and Information Technology, Abdullah Al-Sawahah, said that 40% of smart phone materials were produced in the Kingdom.
Speaking at the 2019 World Mobile Congress held in Spain, Al-Sawah said that 95% of smart phones in the conference room were managed by processors manufactured in partnership with Saudi Arabia, pointing out that the processing company "Arm", owned by "Softbank" And the Saudi Vision Fund, and 40% of the phone industry's raw materials are produced by SABIC, the world's second largest petrochemical company.
He added that $ 100 billion had been deposited into the Vision Fund, making it the largest technology fund in the world, pointing out that 10% of global trade is now digital and that the Kingdom is among the top ten. first countries in the field of e-commerce and is one of the most dynamic opportunities in terms of trade and digital commerce.
He pointed out that the Kingdom is progressing rapidly in the area of strengthening the digital administration, citing the application of the "health" of health care, which has reduced by 1.4% the number of medical consultations during the year, which helped reduce the human error factor up to 80%. In a few minutes you can apply for a commercial license and receive it during the day.
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