The projects would be funded by the UAE
- Two of the world's largest chipmakers, TSMC and Samsung Electronics , have discussed building potential chip projects in the United Arab Emirates in coming years which could be worth more than $100 billion, the Wall Street Journal reported on Sunday.
South Korea-based Samsung Electronics, a maker of smartphones, TVs and memory chips, is also considering major new chip-making operations in the country in the years ahead, the paper said. "We are always open to constructive discussion on ways to promote development of the semiconductor industry, but we remain focused on our current global expansion projects and have no new investment plans to disclose at this time," it said in a statement on Monday, without elaborating.
Under initial terms being discussed, the projects would be funded by the UAE, with a central role for Abu Dhabi-based sovereign development vehicle Mubadala, according to WSJ.
Samsung Electronics UAE Chip Making AI Chips
پاکستان تازہ ترین خبریں, پاکستان عنوانات
Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔
Stocks sink but TSMC, Samsung bullish on AI at major trade showStocks sink but TSMC, Samsung bullish on AI at major trade show
مزید پڑھ »
Nations building their own AI models add to Nvidia's growing chip demandThat would be able to incorporate their own language, culture, data in the country
مزید پڑھ »
UAE does not plan to re-open F-35 fighter jet talks with USUAE does not plan to re-open F-35 fighter jet talks with US
مزید پڑھ »
Trump 'has a lot on his plate', misunderstands Taiwan's chip role, minister saysTaiwan helps complement the US chip industry in manufacturing, and makes chips as commissioned by US
مزید پڑھ »
China warns Japan of retaliation over potential new chip curbs, Bloomberg reportsChina warns Japan of retaliation over potential new chip curbs, Bloomberg reports
مزید پڑھ »
Trump 'has a lot on his plate', misunderstands Taiwan's chip roleTrump 'has a lot on his plate', misunderstands Taiwan's chip role
مزید پڑھ »