Dw News
@dwnews·6.3M subscribers·48.6K videos
Why Berlin is heavily subsidizing microchip production | DW Business
Posted
August 8, 2023
Views
25,829
Likes
602
Comments
191
Engagement
3.07%
August 8, 2023
25,829
602
191
3.07%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
3:43Now PlayingTaiwanese chipmaker TSMC has approved a plan worth $3.8 billion (€3.47 billion) to build a factory in the eastern German city of Dresden, it announced after a board meeting on Tuesday.
TSMC is the world's largest contract chipmaker. It has been in talks with the German state of Saxony, where Dresden is located, since 2021 about building a fabrication plant, or "fab."
The plant, due to open in 2027, is set to have a capacity of 40,000 300-millimeter wafers per month.
"With this TSMC investment, another global player in the semiconductor sector is coming to Germany. This shows that Germany is an attractive and competitive location," German Economy Minister Robert Habeck said in a statement.
TSMC is also investing $40 billion in a new plant in the western US state of Arizona. The chip giant said in its statement on Tuesday that it approved a capital injection of not more than $4.5 billion for that plant as part of the overall investment.
For more news go to
Follow DW on social media:
Für Videos in deutscher Sprache besuchen Sie
#microchip #germany #taiwan
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
