USB Type-C is a universal standard for wired connections of smart devices, capable of transmitting both data and power over a single cable. This technology replaces previous standards such as Micro-USB and USB-A. A feature of USB Type-C is that users can insert the cable into the device in any direction, and the USB Type-C interface can also achieve fast charging and fast data transmission, providing a better user experience.

The regulation in Saudi Arabia will be implemented in two phases. The first phase will begin on January 1, 2025 and will cover a wide range of devices, including phones, tablets, digital cameras, e-readers, portable video game devices, headphones, headsets, amplifiers, keyboards, mice, portable navigation systems, Portable speakers and wireless router. The second phase will start on April 1, 2026 and will cover laptops.

Saudi Arabia requires all companies and suppliers operating in the country’s market to comply with the USB Type-C standard and comply with the technical and management specifications of relevant technical regulations and standards. Saudi Arabia estimates that this measure will save consumers in the country more than 170 million Saudi riyals (Note: about 327 million CNY) per year, and reduce the generation of electronic waste by about 15 tons per year.

Saudi Arabia is the second region to implement a unified charging interface regulation after the European Union, which passed legislation in 2022 requiring electronic devices to be equipped with USB-C ports before they can be sold in the region.

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Huawei, which has previously had offices in the Saudi capital and other cities in the Middle East, and has set up regional headquarters in Dubai and Bahrain, is currently in talks with authorities in Riyadh. Sources close to the matter said Huawei has not yet made a final decision, and a Huawei spokesman declined to comment.

Saudi Arabia previously announced that starting in 2024, government agencies will restrict business with foreign companies that do not have regional headquarters in the country in a bid to reduce economic outflows and attract foreign investment. Government officials said about 80 companies applied to move their headquarters to Riyadh late last year.

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The official announcement says Scopely will become an autonomous operating company under Savvy, joining other complementary gaming companies such as ESL FaceIt Group, an eSports brand. Through this partnership, Scopely will benefit from Savvy’s ecosystem and long-term commitment to helping the company achieve its ambitious goals.

Scopely has developed handheld games such as Star Trek: Elite Commander, Marvel’s Shin Megaman Warriors, and The Walking Dead: Road to Survival.

As Bloomberg previously reported, the Saudi Arabian government plans to invest $38 billion (currently about RMB 261.44 billion) to turn the country into a new hub for the video game industry. This is part of the country’s strategy to diversify its economy away from its dependence on oil.

The Saudi sovereign wealth fund PIF, a wealth fund chaired by Crown Prince Mohammed bin Salman, whose subsidiary Savvy Gaming Group is the main force behind its entry into the gaming industry, reportedly plans to invest $38 billion to create a hub for the video game industry.

The Saudi sovereign wealth fund has invested billions of dollars in several of the world’s leading gaming companies, including Nintendo, Tencent, Activision Blizzard, Embracer, Capcom and Nexon, and has increased its stake in Nintendo several times, now holding an 8.26% stake, making it the company’s largest outside shareholder.

Savvy Gaming Group CEO Brian Ward previously said they have about $13 billion (currently about RMB 89.44 billion) to spend on a game publisher, but he thinks EA is too big to consider.

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Saudi Arabia has the 19th largest gaming market in the world, with an annual growth rate of 41.1%. in 2020, the country had more than 21 million players and gaming revenues reached more than $1 billion. The MENA gaming market is expected to grow 56% to $2.79 billion by 2026.

The Saudi sovereign wealth fund PIF, a wealth fund chaired by Crown Prince Mohammed bin Salman, whose subsidiary Savvy Gaming Group is a major force in the gaming industry, is reportedly planning to invest $38 billion to create a hub for the video game industry, said Brian Ward, CEO of Savvy Gaming Group: “We are now more of an eSports company than a gaming company. Our focus this year is on game distribution and development.”

Savvy Gaming Group has five operating companies, one of which is a game studio with about 45 employees. The studio plans to develop a mobile game first and then a console game. Ward hopes it will grow into a top-notch studio, but admits that “it’s very difficult to build a game studio from scratch.

To achieve its ultimate goal of making Saudi Arabia a global entertainment hub by 2030, Savvy Gaming Group also intends to acquire or partner with other international or local game studios or publishers. Ward said they have about $13 billion to spend on a game publisher, but he thinks EA is too big to consider.

In addition, Savvy Gaming Group is localizing and distributing games in the Middle East and North Africa through its investment arm, Nine66.

The Saudi sovereign wealth fund has invested billions of dollars in a number of well-known gaming companies around the world, including Nintendo, Tencent, Activision Blizzard, Embracer, Capcom and Nexon. the fund has increased its stake in Nintendo several times and now holds 8.26%, making it the company’s largest external shareholder.

Saudi Arabia’s Crown Prince Mohammed bin Salman has a goal of making the country’s economy less dependent on oil. And the video game industry, a market larger than the movie and music industries combined, is certainly an area worth investing in.

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Saudi Arabia, one of the world’s 5G construction pioneers, has been building a large-scale 5G network since 2019. The current network uses microwave bearers for 60% of the 5G sites, and mainly uses long-range E-band bearers in urban areas, while for suburban and remote areas, the distance is too far to use E-band coverage. The use of traditional frequency bands is limited by frequency resources, sky and tower loading, and the capacity of a single link does not exceed 5Gbps, which cannot meet the demand of 5G for backhaul bandwidth, making STC’s deployment of 5G in suburban areas much slower.

To address these issues, STC Saudi Arabia and Huawei continue to innovate and develop SuperLink solutions to avoid parallel links, reduce the number of hardware by 70%, and reduce antenna transportation, alignment costs and tower rental by 67%, resulting in significant savings in TTM and TCO. With a bandwidth of 10Gbps for a single antenna and a single pipe in the conventional band, it can significantly increase the speed of 5G deployment in suburban areas while solving the tower space-bearing problem.

The SuperLink solution consists of the industry’s first multi-band antennas and quadruple-play carrier aggregation CA ODUs.

The multi-band antenna can cover 6 GHz, 7 GHz, 8 GHz or 13 GHz, 15 GHz, and 18 GHz bands, solving the problem of installing multiple antennas to form parallel links when multiple bands are combined to provide large bandwidth. During the bandwidth evolution, operators do not need to add one antenna for another band, which relieves the pressure on tower space and eliminates the need for re-alignment, making deployment and upgrade easier.

Four-in-one Carrier Aggregation CA (CA) ODUs, with 4 channels integrated in one hardware, can reduce the number of ODUs by 75%, while supporting higher modulation modes and larger channel bandwidths, increasing the capacity of a single ODU by 500%.

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A key word in this strategy is stability. Saudi Arabia, which holds about 17% of the world’s crude oil reserves, relies heavily on it for its economy, which accounts for nearly half of the country’s GDP. But oil prices have fluctuated wildly over the past few years, with oil futures turning negative for the first time ever in the early stages of the pandemic amid a sharp drop in demand. Earlier this year, oil prices recovered to above $120 a barrel amid limited supply capacity and soaring demand.

Most importantly, as climate change becomes a global concern, the question becomes, when will we see peak oil demand? 2022 is a record year as countries around the world strive to reduce carbon emissions and achieve energy independence. As a result, according to new research, the deployment of renewable energy and electric vehicles has hit a new record, and efforts are already underway to reduce emissions. In fact, renewable energy fully covers the increase in global electricity demand in the first half of 2022.

New policies in most major developed countries are paving the way for meaningful reductions in carbon dioxide emissions. Saudi Arabia is aware of this and therefore wants to diversify its economic interests while investing in the country’s future.

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