a tsmc spokesperson said that while the company usually owns 100 of its fabs it might work with partners at a european fabtaiwanese chipmaker tsmc is still in talks about a possible plant in germany but there will be no decision before august at the earliest a company executive said on tuesday i dont want to get into the politics side of the thing but i do think that there is a need for us to provide our customers with a diverse supply kevin zhang senior vice president of business development told reporters adding that europe is a very significant geography given the customer base and the demand advt tsmc the worlds largest contract chipmaker has been in talks with the german state of saxony since 2021 over the possibility of building a fabrication plant or fab in dresden which would be its first european facility zhang speaking at a company event in amsterdam did not confirm the size of a possible subsidy or cost of the potential project or which other companies might participate if we do build a fab in dresden i think likely well start the 28nanometre generation based on mcu he said referring to an established type of computer chip widely used in cars and other devices so far lots of good progress has been made we have great support from local government as well as the eu government but were going through our internal review and approval process he said the european union last month agreed the eu chips act a 43 billion euro usd 4733 billion subsidy plan to double its chipmaking capacity by 2030 in an attempt to catch up with asia and the united states a tsmc spokesperson said that while the company usually owns 100 of its fabs it might work with partners at a european fab a spokesperson for the german economy ministry confirmed that talks with tsmc were ongoing but did not provide details advt earlier this month bloomberg reported that tsmc was in talks to invest 10 billion euros in the proposed dresden fab with partnersread alsoesmito gets ais156 phase 2 certification for l3 and l5 category batteriesford looks to charge up ev drive with flurry of battery dealsus pulls usd 200 mn grant for microvast battery companybelgiums abee seals usd 44 mn battery plant deal in north macedonia reuters published on may 24 2023 at 1136 am ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app tsmc chipmaker semiconductor ev