ITHCA Group has signed a strategic investment agreement with US-based Lumotive to strengthen Oman’s position as a hub for semiconductor industries. The partnership aims to establish a center of excellence for Omani semiconductor designers, fostering research, skills development, and knowledge transfer to regional and global markets.
Oman’s Ministry of Transport, Communications, and Information Technology has signed an MOU with AONH Private Holdings to develop advanced AI chips and semiconductors. The project aims to localize technology, develop a skilled workforce, attract international investments, and bring global expertise to Oman’s semiconductor industry.
TSMC and Samsung are in early talks to build semiconductor megafactories in the UAE, with potential investments exceeding $100 billion. These discussions are part of the UAE’s strategy to become a global tech hub, amidst heightened US-China tech tensions.
TSMC and Samsung Electronics are discussing potential semiconductor projects in the UAE, possibly exceeding $100 billion. These early-stage talks aim to expand global chip production, with funding potentially from Abu Dhabi’s Mubadala.
Korean tech giants are poised to expand in the Middle East, exploring opportunities to establish semiconductor facilities in the UAE. This move aligns with the region’s strategy to diversify beyond oil, leveraging AI and advanced manufacturing to foster economic growth.
Polymatech Electronics is set to establish a $16 million semiconductor facility in Bahrain, focusing on 5G and 6G components. This initiative marks a key part of Polymatech’s global expansion and aims to meet the rising global demand for advanced semiconductor technology.
