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World chip leader TSMC plans to open the first European factory in Germany

According to the financial times, the Taiwanese chip giant is negotiating with suppliers as part of establishing a factory in Dresden. The authorities of the Land of Saxony, in which the city is located, have already been in favor of this project.

Taiwanese chipmaker Taiwan Semiconductor Manufacturing (TSMC) is in advanced negotiations with suppliers to establish its first European factory in the German city of Dresden, reports the financial times Friday. TSMC will send a delegation to Germany in early 2023 to discuss the level of government support and the ability of the local supply chain to meet needs, the newspaper wrote, citing people familiar with the matter.

In a statement in response to this article, TSMC said that it does not rule out any possibility, although it assured that there are no concrete plans at the moment.

22 and 28 nanometer chips

The Taiwanese company did not provide further details. The sources cited by the financial times It did not say whether the government assistance TSMC expects would be federal, state or local. The authorities of the Land of Saxony, for their part, have said that they are ready to welcome companies in the semiconductor sector if they make the decision to do so. “Saxony supports these companies to further strengthen Silicon Saxony,” they stressed.

TSMC’s discussions with various material and equipment suppliers are aimed at determining whether they can make the necessary investments to support the plant, according to the report. financial times. The newspaper adds that if the group goes ahead with its factory project in Dresden, it will focus on 22- and 28-nanometer chip technologies.

Author: TT with Reuters
Source: BFM TV

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