THE European Commission has committed $5.53 billion in state aid to support Taiwan Semiconductor Manufacturing Co. (TSMC) in establishing its first chipmaking facility in Europe, located in Dresden, Germany.
This significant investment represents half of the $11.03 billion total cost for the new facility and is the largest award approved under the European Union's (EU) Chips Act, a $43 billion initiative aimed at boosting semiconductor manufacturing across the continent.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.