UAE: Global Chip Makers Evaluate Building Plants In The Gulf
Taiwan
Samsung Electronics and Taiwan Semiconductor Manufacturing Company (TSMC) have held talks with United Arab Emirates (UAE) officials that could see the semiconductor behemoths establish plants in the swashbuckling Persian Gulf state reportedly worth more than $100 billion. First reported last month, the development comes amid a determined push by the UAE to establish itself as a global hub for advanced technologies and shrink the emirates’ dependence on hydrocarbon revenues. Mubadala, an Abu
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