TSMC and Samsung Electronics Discuss Potential Chip Projects in UAE

TSMC and Samsung Electronics, two of the world’s leading chipmakers, are in discussions to establish major chip manufacturing facilities in the United Arab Emirates (UAE). These projects, potentially worth over $100 billion, aim to boost global chip production and reduce prices without compromising profitability. TSMC’s Recent Visit to the UAE Executives from Taiwan Semiconductor Manufacturing Company (TSMC) recently visited the UAE to explore the possibility of building a plant complex. This facility would be on par with TSMC’s advanced facilities in Taiwan. The visit underscores TSMC’s interest in expanding its global footprint to meet the growing demand for semiconductors. Samsung Electronics Consideration Samsung Electronics, a South Korean tech giant, is also contemplating significant new chip-making operations in the UAE.