According to the media reports, the company met with Steve Whitkoff and State Investment Company MGX to discuss the investment and construction of the facility. In terms of scale and size, it can be compared with the TSMC factory in Arizona, but the details have not yet been announced.
Previously, TSMC and Samsung have already thought of options to create large factories in the UAE. In mid -2014, the senior executives of both companies visited the region for negotiations. TSMC, even the beginning of the debate with Biden administration, but it was not possible to accept it at that time.
The United States wanted to maintain dominant control over the facility that caused objections by the UAE. In addition, US officials have two main problems. First, this is a possible negative impact on a large -scale project in Arizona, which TSMC plans to invest in $ 165 billion in 2025, including 42 billion in 2025. Secondly, there is not enough qualified experts in the UAE, so it will have to transfer employees from other regions that may affect the work of American factories to start the factory.
Source: Ferra
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