Berlin (dpa) – German Economics Minister Robert Habeck believes that the planned construction of a factory by the Taiwanese chip manufacturer TSMC in Dresden will make an important contribution to supplying Germany and Europe with semiconductor chips. The investment decision shows that Germany is an attractive and competitive location, especially for key technologies such as microelectronics, according to Habeck. “Robust domestic semiconductor production is key to maintaining our global competitiveness, for semiconductors keep our world running and make the transformation to climate neutrality possible,” emphasised Habeck.
TSMC had previously announced that it was planning to build a ten billion-euro semiconductor factory that would provide 2,000 jobs in Dresden. The plant will be built together with Bosch, Infineon and the Dutch company NXP. The European partners each hold ten per cent stakes in the joint “European Semiconductor Manufacturing Company” (ESMC), while TSMC holds the remaining 70 per cent. Production is scheduled to begin in 2027. In line with standard international practice, construction will be supported by a massive package of government subsidies. In May, the German company Infineon had started work on a chip factory costing five billion euros in Dresden. The US firm Intel is building chip factories costing 30 billion euros in Magdeburg.
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