TSMC: Initial discussions on setting up a chip plant in Germany

Taiwan Semiconductor Manufacturing (TSMC) is in initial talks with the German government about a possible plant operation in the European country, a senior company executive said on Saturday, according to Bloomberg.

A number of factors, including government subsidies, customer demand and the talent pool, will influence TSMC’s final decision, Europe and Asia Senior Vice President of Sales Lora Ho told reporters on the sidelines of a technology forum in Taipei.

These discussions come at a time when the European Union and other countries are seeking to increase domestic production of chip conductors to mitigate future supply chain disruptions.

TSMC has not discussed incentives with Berlin nor has it decided on the location of the plant, Ho said.

TSMC chairman Mark Liu told shareholders in June that he had conducted studies to create productive operations in Germany.

The Taiwanese company is currently the largest semiconductor (chip) manufacturer in the world and has the most production facilities in Taiwan. In the last year, however, it has diversified its policy to help meet the demand of large countries seeking to boost domestic semiconductor production.

One such plant is currently being built in Arizona, and construction will soon begin in Japan.

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Source From: Capital

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