Subj : New TSMC chip manufacturing plants planned for Europe
To   : All
From : TechnologyDaily
Date : Mon Oct 14 2024 10:15:05

New TSMC chip manufacturing plants planned for Europe

Date:
Mon, 14 Oct 2024 08:59:29 +0000

Description:
TSMCs new Dresden plant will be operational by the end of 2027, but its plans 
dont stop there.

FULL STORY
======================================================================

Taiwan Semiconductor Manufacturing Co (TSMC) is building a new plant in 
Germany in order to address ongoing interest and continued investments in AI. 

The news comes as part of the companys efforts to expand globally, including 
across Europe, the US and Asia  a move confirmed by Taiwans National Science 
and Technology Council Minister, Wu Cheng-wen (via Bloomberg TV ). 

Wu confirmed that the construction of a facility in Dresden, Germany had 
already started, with opening more plants already on the agenda. Taiwan is 
building more chip plants in other regions 

The Minister confirmed: [TSMC is] already planning the next few fabs in the 
future for different market sectors as well. 

TSMC, the worlds largest chipmaker, is reportedly investing billions to build 
new manufacturing sites in the US, Japan and Germany for a handful of 
reasons, including meeting demand for powerful components and mitigating 
risks associated with ongoing geopolitical tensions in China, which has 
resulted in import and export restrictions and tariffs in recent years. 

The companys $10.9 billion chip fabrication facility in Dresden is expected 
to be operational by the end of 2027 thanks to around 50% funding from state 
subsidies. 

Alluding to ambitions to work more closely with the European Union, Wu hinted 
at opportunities from next-generation European chip designers like Germanys 
Black Semiconductor and the Netherlands Axelera AI. However, US pressures 
could continue far beyond the upcoming presential election. 

We added: Short term, maybe its painful for Taiwanese companies because its 
more expensive if they move over there But in the long run, maybe its good 
for them, from my point of view, because they can improve themselves. 

Moreover, relations between Taiwan and the Czech Republic have strengthened 
in recent months, which could represent an open door for TSMC into Europe. 
More from TechRadar Pro Check out the best AI tools and best AI writers Weve 
rounded up a list of all the best cloud computing services $6.6 billion given 
to Taiwan semiconductor giant to shore up US chip manufacturing



======================================================================
Link to news story:
https://www.techradar.com/pro/new-chip-manufacturing-plants-planned-in-europe-
taiwan-official-says


--- Mystic BBS v1.12 A47 (Linux/64)
 * Origin: tqwNet Technology News (1337:1/100)

.