Taiwan’s Chip Industry Eyes Europe
In a significant move to strengthen its global presence, Taiwan Semiconductor Manufacturing Co. (TSMC) has commenced construction of its first European semiconductor plant in Dresden, Germany. The facility, part of a joint venture with major European companies, will involve a €10 billion investment and is expected to significantly boost Europe’s semiconductor production capacity by 2027. This expansion is part of a broader trend, with other Taiwanese firms also increasing their investments in Europe amid growing demand for local semiconductor production.