TSMC agrees to build a €10B plant in Germany's Dresden, owning 70% of the facility with Infineon, NXP, and Bosch each holding 10% stake, set to open in 2027
- Taiwanese giant will own 70% of fab in eastern city of Dresden — Facility to supply auto, industrial sectors starting in 2027
Bloomberg
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Discussion
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@joergkukies
Jörg Kukies
on x
Welcome to Germany 🇩🇪, TSMC @TWSemicon ! TSMC, Bosch, Infineon, and NXP just announced that they will establish a joint venture to bring advanced semiconductor manufacturing to Europe in Dresden, Germany with the construction of a 300mm fab to support the future capacity needs of…
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@mtdtl
Mathieu Duchâtel
on x
My take on TSMC's announcement. 1. The EU Chips Act produces appreciable results, just not those expected by its early advocates. 2. Industrial concentration in Germany is inevitable but can be addressed by corrective measures. @EURACTIV https://www.euractiv.com/...
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@tphuang
@tphuang
on x
At the same time, Infineon investing €5B in Malaysia https://www.eetimes.eu/... How is it a good idea for Germany to fund TSMC for 28nm plant & lose out on its own national champion's expansion? US & EU politicians fallen into trap of thinking lower nm = more advanced & important
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@dpa_intl
@dpa_intl
on x
#BREAKING Taiwanese chipmaker TSMC says it plans to construct a semiconductor plant in the German city of Dresden with a total investment sum of €10 billion [image]
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@agathedemarais
Agathe Demarais
on x
👇 Confirmation that TSMC will build semiconductor plant in Germany, with big subsidies from German state
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@codendahl
Christian Odendahl
on x
And there we have confirmation. Tesla, Intel, now TSMC all going to the eastern parts of Germany.
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@james_chater
James Chater
on x
Just in: Taiwan's TSMC confirms joint venture in Dresden, Germany to produce advanced semiconductors for the automotive industry. Construction on the fab will start in the second half of 2024 with production to begin by the end of 2027. [image]
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@nxp
@nxp
on x
#NXP, #TSMC, #Bosch, and #Infineon have announced plans to invest in European Semiconductor Manufacturing Company (#ESMC) GmbH, in #Dresden to provide advanced #semiconductor manufacturing services. Read more in our press release 👉 https://okt.to/5OSraA [image]
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@infineon
@infineon
on x
Together with #TSMC, @BoschGlobal, @NXP we plan to invest in European Semiconductor Manufacturing Company #ESMC GmbH, in #Dresden to provide advanced #semiconductor manufacturing services. 🥳 👉 Read more in our Press release: https://scom.ly/KVR3bON [image]
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@johnliunn
John Liu
on x
The board of TSMC today approved an equity investment of no more than $3.8 billion (close to €3.5 billion) into European Semiconductor Manufacturing Company (ESMC), the TSMC majority-owned subsidiary that will build the fab. https://pr.tsmc.com/...
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@johnliunn
John Liu
on x
The JV will be 70% owned by TSMC with other firms each holding 10%. The plant is slated to begin construction in the second half of 2024. “This investment in Dresden demonstrates TSMC's commitment to serving our customers' strategic capacity and technology needs,” said TSMC CEO.
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@hj_mai
HJ Mai
on x
This is a big deal -> Taiwanese chipmaker #TSMC announces plans to construct a new semiconductor plant in Dresden, #Germany. The total investment is set to be 10 billion euros. https://pr.tsmc.com/...
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@johnliunn
John Liu
on x
BREAKING - TSMC announces its plan to build a plant in Dresden, Germany with an investment of over €10 billion through a joint venture with Bosch, Infineon, and NXP. It's expected to produce 28/22 and 16/12nm chips by the end of 2027. https://pr.tsmc.com/...