TSMC to decide this summer to build €10bn 28nm chip plant in Germany

Taiwanese giant TSMC often talks about expanding its operations in Europe, but rarely commentsgossip

This week, Vice President Kevin Zhang noted that the decision to build a plant in Germany will beadopted in a few months.

What is known

European customers will ensure high demand forsemiconductor products manufactured using 28 nm technology, since it is in demand in the production of components for electric vehicles. The enterprise in Dresden, if launched, will be engaged in the production of 28-nm chips.

TSMC wants to receive a subsidy that will cover up to half of the cost of building the Dresden plant. The problem is that benefits usually cover up to 40% of the cost of such projects.

According to preliminary information, the plant in Dresdenwill cost €10 billion, i.e. the Taiwanese company expects to receive €5 billion from Germany and the European Union. The TSMC Board of Directors will make a final decision in August this year. Bosch, NXP Semiconductors and Infineon Technologies may be involved in the construction.