South Korea’s Naver Corp to establish unit in Saudi Arabia

Ericsson Vice President Todd Ashton (pictured) believes the spread of 4G across Africa will help create unicorn companies, drawing parallels with Asia, where countries like Indonesia developed such firms through increased connectivity.

Naver, a Korean technology company whose interests include internet, artificial intelligence (AI) and cloud computing, has signed a memorandum of understanding (MoU) for a sovereign AI business with Thailand-headquartered AI and cloud platform firm SIA…