NEWS
KSA
HTC launches e-commerce
platform for tech consumers
HTC has launched a new e-commerce store dedicated to
bringing leading innovations in smart mobile devices to
consumers across Saudi Arabia. Through the new store,
visitors will be able to browse and buy the entire range of HTC
smartphones and accessories. The e-commerce portal will
also be a platform to improve product and service experiences
through customer feedback.
“Moreover, e-commerce is not just a buzzword in Saudi Arabia,
but a clear direction in which the retail industry is moving. The
Kingdom’s young, tech-savvy population is driving this growth,
and is also the same audience that is eager to explore HTC’s
award-winning smartphone range.”
The overall e-commerce sector is growing rapidly in KSA and
across the MENA region, boosted by a young population
and advanced connectivity options. AT Kearney expects the
market to grow to a value of $20 billion by 2020, driven by
millennials and their familiarity and comfort with shopping
online, mostly for electronics, clothing, travel and food.
Nikitas Glykas, President of HTC Middle East and Africa, said:
“As HTC continues to grow its brand and customer base, we
believe it is important to have one place for our customers
where they will be able to access the entire range of HTC
smartphones and accessories.
Saudi Telecom Co
increases net income
Saudi Telecom Co’s net income for the second quarter of
2017 increased by 7.9% to reach SR 2.4 billion. For the
first quarter of 2017, net income reached SR 4.9 billion, an
increase of 6.6% compared to the same period last year.
Dr Khaled H Biyari, STC Group CEO, said: “The whole region is
moving towards digital transformation through elements of
the fourth industrial revolution, here comes the importance of
governments in the region to provide the right environment
and stimulate investment in the required digital infrastructure.
“STC embraced the Kingdom Vision 2030 and the national
transformation programme 2020 through multiple initiatives,
which include deployment of broadband throughout the
kingdom. The company recently signed with the Ministry of
Communications and Information Technology, represented
by the Communications and Information Technology
Commission, an agreement to provide high speed broadband
with fibre-optic technology.
“This has a projected cost of up to SR 7.3 billion, designed to
deliver broadband to more than two million homes across
the government plan under the supervision of the Ministry
8
INTELLIGENTCIO
of Communications and Information Technology.” He added
that STC will continue to invest in promising technologies
and digital sectors, particularly in areas that enable growth of
investments in different areas.
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