TSMC has been in talks with the German state of Saxony since 2021 to build a production plant in Dresden.
TSMC, Taiwan’s largest independent semiconductor manufacturing company, has approved a €3.5 billion investment to build its first factory in Europe. The plant is scheduled to open in 2027. This was reported by Reuters.
It was noted that the board of directors approved an investment of 3.499 billion euros in a subsidiary of the European Semiconductor Manufacturing Company (ESMC) GmbH, 70% of which it owns.
Auto parts maker Bosch, semiconductor maker Infineon and Netherlands-based NXP will each own 10% of the plant, which will have the capacity to produce 40,000 300mm chips per month.
In 2021, TSMC is reportedly in talks with the German state of Saxony to build a production plant in Dresden. The plant, which will be TSMC’s third outside its traditional manufacturing bases of Taiwan and China, is central to the German government’s push to boost the domestic semiconductor industry needed for its automotive industry to remain competitive.
Remember that China restricts the export of materials for the production of microcircuits.
As reported, global sales of chips hit a record low. World sales of semiconductors in February 2023 fell 20.7% to $39.7 billion.
Source: korrespondent
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