The world’s two largest chip manufacturers, TSMC and Samsung Electronics, have expressed interest in building chip factories in the United Arab Emirates (UAE). According to The Wall Street Journal, both companies are in discussions to invest over $100 billion in the coming years, reports Reuters.
Recently, senior officials from TSMC visited the UAE and held discussions with relevant parties about the potential construction of the factories, according to sources familiar with the matter.
South Korea-based Samsung Electronics is also considering establishing a new chip factory in the UAE in the coming years. Representatives from Samsung have also recently visited the UAE and held discussions.
However, TSMC has stated that there is currently no new investment information to disclose, and Samsung has not provided any comments on the matter.
