TSMC breaks ground on first European factory in Dresden

TSMC, through joint venture ESMC, broke ground on a semiconductor fab in Dresden, Germany. Total investments exceed $11.1 billion (€10 billion), with EU approval of a $5.5 billion subsidy. The facility will produce 40,000 300mm wafers per month and create about 2,000 direct jobs.

“With this state-of-the-art manufacturing facility, we will bring TSMC’s advanced manufacturing capabilities within reach of our European customers and partners.”forbesmiddleeast.com

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• forbesmiddleeast.comTSMC Breaks Ground On First European Factory In DresdenMuhammad Addam, Sana Tahir, James Emmanuel, Joyce AbañoAug 20, 2024

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