Police-Stories from Dresden

Germany Trade & Invest

TSMC Breaks Ground, Secures Subsidy for German Plant

Berlin (ots) - The Taiwan Semiconductor Manufacturing Company (TSMC) has begun work on a 10-billion-euro plant in Dresden as the European Union approves state assistance for the project. The symbolic ground-breaking ceremony in the eastern German city coincided with the European Commission’s approval of €5 billion in state subsidies for the chipmaker, providing a boost to the initiative. "The European Commission has ...