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  • 20.08.2024 – 15:06

    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 ...

  • 08.08.2023 – 15:51

    Germany Trade & Invest

    TSMC to Build Multi-Billion-Euro Chip Factory in Germany

    Berlin (GTAI) (ots) - Taiwanese semiconductor manufacturer TSMC plans to construct a massive new production facility in the eastern German city of Dresden. The volume of its Dresden expansion will be at least EUR 10 billion. The new plant for 300-millimeter semiconductors will be located in the heart of the electronics hub often known as “Silicon Saxony.” The German government and the EU will reportedly offer major ...