Taiwanese chipmaker TSMC is feeling “good” about talks over a possible first European factory in Germany and is discussing subsidies with the host country’s government, the company’s chairman said on Tuesday.
TSMC, the world’s largest contract chipmaker, has been in talks with the German state of Saxony since 2021 about building a fabrication plant, or “fab,” in Dresden.
The European Union has approved the EU Chips Act, a 43 billion euro ($46.07 billion) subsidy plan to double its chipmaking capacity by 2030 in an attempt to catch up with Asia and the United States.
Speaking at the company’s annual shareholders meeting, Taiwan Semiconductor Manufacturing Co’s Chairman Mark Liu said the company had already sent executives to Germany a few times for talks on the possible new plant….