Tuesday, July 27th 2021
TSMC Looking to Build a Fab in Germany
TSMC, as part of its strategy to build cutting-edge semiconductor foundries in the US and EU, is looking to build a ground-up fab in Germany. The company's chairman, Mark Liu, made an announcement to this effect in the company's annual general meeting (AGM), addressing shareholders, held on July 26. This move is still in its "early stages," according to a DigiTimes report, with the company prospecting a suitable site across the country. The size and scale of TSMC's investment remains under the wraps.
TSMC's expedition to Germany aligns with an ambitious plan by the European Commission to make the EU a net-exporter of semiconductors and electronics by 2030. TSMC will have Intel Foundry Services for company in Germany, as an acquisition of Global Foundries would put Intel in control of its real-estate in Dresden. Intel is still prospecting the EU for a suitable place to invest €20 billion, besides ongoing investments in states such as the Republic of Ireland.
Source:
DigiTimes
TSMC's expedition to Germany aligns with an ambitious plan by the European Commission to make the EU a net-exporter of semiconductors and electronics by 2030. TSMC will have Intel Foundry Services for company in Germany, as an acquisition of Global Foundries would put Intel in control of its real-estate in Dresden. Intel is still prospecting the EU for a suitable place to invest €20 billion, besides ongoing investments in states such as the Republic of Ireland.
11 Comments on TSMC Looking to Build a Fab in Germany
a new factory should be strategically located near the biggest usable sand reserves not currently in use yet... where is that?
Not sure there as well soon will have equal(15%) corporate tax in all EU, or in most of world(?) But in different countries has many other taxes. In EU has big payment for carbon emissions and maybe for other positions. In Germany has inner instability because many southeast emigrants part of them Muslim fanatics.
I don't foresee "cheap hardware" in Europe's future, at best it will be "slightly less expensive than it could have been". And guess who will pay those taxes, because I can assure you the corporations won't...
www.eenewseurope.com/news/globalfoundries-looks-dresden-fab-expansion
www.reuters.com/business/german-state-bavaria-talks-with-intel-chip-megafactory-2021-06-18/