Taiwan s TSMC is planning more chip fabs in Europe
Get the Full StoryIn what could be a big win for the EU s chip industry, Taiwan s National Science and Technology Council Minister, Wu Cheng-wen, says TSMC is planning to further expand operations in the bloc. TSMC broke ground in August on a 10bn chip plant in Dresden, Germany its first in Europe. The German government will provide half of the funding with 5bn in state aid, under the EU s Chips Act. The fab will produce semiconductors for automotive and industrial applications. It s a joint project between the Taiwanese tech giant, the Netherlands NXP, and Germany s Bosch and Infineon. They TSMC have started This story continues at The Next WebShare: