(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,

Top executives at TSMC have visited the UAE recently and talked about a plant complex on par with some of the company’s largest and most advanced facilities in Taiwan, WSJ said citing people familiar with the interactions.

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.

TSMC and Samsung Electronics have discussed building huge factory complexes in the United Arab Emirates that could transform the chip industry in the coming years, the Wall Street Journal reported on Sunday.

Samsung Electronics (OTCPK:SSNLF) and Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) (OTC:TSMWF), better known as TSMC, have discussed the possibility of building giant factories in the United Arab Emirates that would transform the region for growth in artificial intelligence,