(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,

Global chip giants Taiwan Semiconductor Manufacturing Co. and Samsung Electronics have been in talks with the United Arab Emirates to explore building megafactories in the Middle East, Wall Street Journal reported Sunday,

TSMC and Samsung are the world's largest chip manufacturers, with the majority of their manufacturing plants located in their native countries, Taiwan and South Korea. Both also have plants in the USA, either fully running or still under development, and now it looks like they're both planning on expanding their facilities in the Middle East.