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TSMC and Samsung Mull Building $100 Billion Chip Plants in UAE – Report

© Photo : D-Wave Systems, Inc.Photograph of a chip constructed by D-Wave Systems Inc. designed to operate as a 128-qubit superconducting adiabatic quantum optimization processor, mounted in a sample holder
Photograph of a chip constructed by D-Wave Systems Inc. designed to operate as a 128-qubit superconducting adiabatic quantum optimization processor, mounted in a sample holder - Sputnik International, 1920, 23.09.2024
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The discussions are reportedly still in the early phases amid concerns that existing major technical and political hurdles could prod the two companies to scrap their plans.
The Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics are discussing the construction of huge production complexes in the United Arab Emirates (UAE), the Wall Street Journal has quoted unnamed sources as saying.

Top executives from TSMC, the world’s largest chipmaker, and Samsung, a maker of smartphones, TVs and memory chips, recently visited the UAE to discuss the construction of megafactories there, projects that could cost more than $100 billion to complete, according to the sources.

The developments come amid growing competition between the US and China to prevail in the prospering global chip industry, which may grow to $1.4 trillion in revenue by 2030.
Photonics-based chip-to-chip interconnects ought to be far more efficient than current electrical equivalents, and have the potential to greatly reduce energy consumption in data centers - Sputnik International, 1920, 13.10.2023
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Chip Race: How US Desperately Tries to Hinder Chinese Semiconductor Industry
The Biden administration earlier required licenses for those companies that export chips to China using US tools or software, no matter where they're made in the world. China retaliated by restricting exports to the US of rare metals, such as gallium and germanium, which are used to manufacture semiconductors.
According to the White House, the US currently produces roughly 10% of semiconductor-related global goods, while China accounts for at least 15%.
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