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TSMC in Talks To Build Chip Factory in Germany – Nikkei

The new plant in Dresden – TSMC’s first in Europe – will capitalise on booming demand from Germany’s car sector, Nikkei said


TSMC has said hiring for its new US plants is on track despite some criticism on a hiring website.
TSMC expects the surge in demand for AI and data centre chips to make up for a dip in demand for chips for smartphones and autos. File photo: Reuters.

 

Taiwan Semiconductor Manufacturing Company (TSMC) is in talks with with key suppliers about setting up its first European base – in Germany, Nikkei Asia has reported.

The plant will be based in the city of Dresden to capitalise on surging demand from the region’s car sector, said the report, with construction set to begin as early as 2024.

Read the full report: Nikkei Asia.

 

Read more:

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Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.

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