The Taiwan Semiconductor Manufacturing Company (TSMC) says it is still premature to say whether to build a factory in Germany, as talks on the EU chip factory are still in its infancy.
As reported by ReutersIf TSMC decides to build a factory in the EU, it could help mitigate the effects of the current global chip shortage.
The European Commission has consulted with global chip giants, including both Taiwan-based TSMC and US-based Intel, to drive semiconductor production.
Because all modern cars are equipped with computers used to operate air conditioning systems, radios, cruise control, antilock braking systems, etc., pandemics can produce smartphones, laptops, appliances, and even cars. There is a global chip shortage affecting the world.
Too early to say
At the annual shareholders’ meeting, TSMC Chairman Mark Liu told attendees that the company is still reviewing the development of a chip manufacturing plan in Germany.
But at this point, it’s too early to say whether TSMC will start building a factory in Germany. The company is in contact with major domestic clients to see if this move will benefit their business.
Although the decision to build a factory in Germany has been delayed, TSMC is planning to expand its $ 12 billion factory in Arizona to support client demand in both infrastructure and national security. ..
Earlier this year, TSMC announced that it would invest $ 100 billion over the next three years to increase capacity when device makers cannot get their chips fast enough.
TSMC delays EU chip factory decision
Source link TSMC delays EU chip factory decision