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From Fast Company:
China, Taiwan, and South Korea may be in store for a little competition with the news that Abu Dhabi plans to invest between six and seven billion dollars in a state-of-the art chip manufacturing facility. It should open around 2014, and it would be the country's first. The government-owned Advanced Technology Investment Co. (ATIC) has already purchased a $1.8 billion chip manufacturer in Singapore in conjunction with Globalfoundries, the world's third largest chip maker, which will operate the new plant.
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