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Press release

Bain & Company announces key partnership with KAUST on the Future of Semiconductors Forum 2023 in KSA

Bain & Company announces key partnership with KAUST on the Future of Semiconductors Forum 2023 in KSA

The firm will leverage its wide experience in supporting global entities in the semiconductor sector at the forum, with a focus on localized production and sustainability

  • 14.05.2023
  • min read

Press release

Bain & Company announces key partnership with KAUST on the Future of Semiconductors Forum 2023 in KSA

Dubai - 15 May 2023 - Bain & Company has announced a partnership with King Abdullah University of Science & Technology (KAUST) on its forthcoming Future of Semiconductors Forum 2023, which is being hosted in Thuwal, Jeddah from 15-18th May.

As well as sponsoring the forum, Bain & Company is also an official Content Partner to the four-day event. The agenda includes keynote addresses, panel discussions, specialist talks, and other activities around KSA’s fast-growing digital economy.

Bain is a leading global voice on semiconductor manufacturing, the firm will offer insight to attendees from its extensive expertise on topics such as chip shortages, global supply chain trends, as well as its creation of cutting-edge IP that is helping to shape the strategy of key players across the value chain.

Bain’s Velu Sinha, Partner, will address the forum on KSA’s opportunity to pioneer sustainable semiconductor manufacturing, drawing on Bain’s considerable experience in advising clients on how to tackle the environmental challenges in semiconductor manufacturing such as reducing water consumption, energy efficiency and transition. In addition, a panel discussion on how to localize KSA’s chip production industry will feature Bain’s Karim Shariff, Partner, and Jawad Abdulsamad, Associate Partner.

The Kingdom of Saudi Arabia is well positioned to enter the semiconductor production space due to its range of investments in relevant education and research programs, and Bain & Company’s partnership with KAUST demonstrates its commitment to supporting the country as it develops the required capabilities and localizes this highly strategic industry.

Editor's Note: To arrange an interview, please contact April Zaw at april.zaw@bain.com.

About Bain & Company

Bain & Company is a global consultancy that helps the world’s most ambitious change makers define the future.

Across 65 cities in 40 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes. Our 10-year commitment to invest more than $1 billion in pro bono services brings our talent, expertise, and insight to organizations tackling today’s urgent challenges in education, racial equity, social justice, economic development, and the environment. We earned a platinum rating from EcoVadis, the leading platform for environmental, social, and ethical performance ratings for global supply chains, putting us in the top 1% of all companies. Since our founding in 1973, we have measured our success by the success of our clients, and we proudly maintain the highest level of client advocacy in the industry.