TSMC held a groundbreaking ceremony for its first wafer fab in Europe with a total investment of over 10 billion euros-EEWORLD

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On August 21, TSMC, Bosch, Infineon and NXP jointly established a joint venture company, the European Semiconductor Manufacturing Company (ESMC), held a groundbreaking ceremony in Dresden, Germany today, officially launching the land preparation work for TSMC's first European semiconductor factory. TSMC said that the factory is expected to start construction later this year.

TSMC CEO Wei Zhejia presided over the ceremony, and German Chancellor Scholz and European Commission President von der Leyen attended the ceremony and delivered speeches. To express her firm support, President von der Leyen announced that the European Commission has approved Germany's 5 billion euro aid plan in accordance with EU state aid rules to support the European Semiconductor Manufacturing Company (ESMC) in building and operating semiconductor factories.

Scholz defended the high subsidies for Germany's semiconductor industry, saying that high subsidies can guarantee chip demand and employment opportunities for German companies and provide "extra impetus" to the entire regional economy.

Wei Zhejia said: "We are building the Dresden plant together with our partners Bosch, Infineon and NXP to meet the fast-growing European automotive and industrial demand for semiconductors. Through this advanced manufacturing plant, we will bring TSMC's advanced manufacturing capabilities to European customers and partners, promote economic development in the region, and promote technological progress throughout Europe."

After full production, ESMC is expected to have a monthly production capacity of 40,000 300mm (12-inch) wafers, using TSMC's 28/22nm planar CMOS and 16/12nm FinFET process technology, and using advanced FinFET transistor technology to further strengthen Europe's semiconductor manufacturing ecosystem. The total investment is expected to exceed 10 billion euros (IT Home Note: Currently about 78.962 billion yuan), from equity injections, debt financing, and strong support from the EU and German governments.

The new plant is expected to create around 2,000 direct high-tech professional jobs. In addition, each direct job created by the project is expected to stimulate a significant number of indirect jobs throughout the EU supply chain, boosting the region's economy.

Keywords：TSMC Reference address：TSMC held a groundbreaking ceremony for its first wafer fab in Europe with a total investment of over 10 billion euros

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