Global chip competition escalates, will the UAE add a chip factory?

International Electronics Business News on the 23rd Recently, foreign media reported that executives from TSMC and Samsung Electronics recently visited the United Arab Emirates. Subsequently, it was reported that the two chip manufacturing giants may be discussing the construction of chip projects in the United Arab Emirates in the next few years. The project value may exceed $100 billion.

In response to this, TSMC responded to questions on September 23 and provided clarification. TSMC said that the company always welcomes constructive discussions to promote the development of the semiconductor industry with an open attitude. However, the company is focusing on existing global layout projects and currently has no specific plans for new overseas investments.
Samsung Electronics has not responded yet.

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Post time: Sep-27-2024