22 May 2024 - General

TSMC accelerates global expansion with new European plant

Taiwan Semiconductor Manufacturing Company (TSMC), the world's leading chipmaker, has confirmed its plans to begin construction on its first European chip plant in Dresden, Germany, in the fourth quarter of 2024, as announced at a conference in the Netherlands and reported by Reuters. The facility, known as European Semiconductor Manufacturing Co (ESMC), is a joint venture with Infineon, NXP, and Robert Bosch, with each holding a 10% stake, and is expected to commence production in 2027.

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