TSMC, a leading player in the global semiconductor industry, is contemplating the development of a plant complex in the UAE. This facility could rival some of its biggest and most advanced facilities in Taiwan.

(Reuters) -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,

Discussions are still in the early stages, reported the WSJ, and any deal could be bogged down by technical challenges.