TSMC confirms rumors about German fab

Posted on Monday, Jul 26 2021 @ 18:03 CEST by Thomas De Maesschalck
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Two weeks ago a rumor surfaced about TSMC exploring the construction of a factory in Germany. The Taiwanese foundry has now confirmed this rumor. At TSMC's annual general meeting on July 26th, Chairman Mark Liu told investors that the firm is in the early stages of discussions with clients over the feasibility of setting up a fab in Germany.

According to the rumor mill, TSMC is looking at Dresden, Germany. Allegedly, the foundry is interested in setting up its first European plant to meet demand from local customers. The factory will reportedly use 16nm and 12nm nodes, to make chips for automotive and other clients.

It's unknown when TSMC will make a final decision about the potential German fab.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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