TSMC Considers Establishing Factory in Germany

[Image source=AP Yonhap News]

[Asia Economy Reporter Cho Hyun-ui] Taiwan's TSMC, the world's largest semiconductor foundry, is considering building a new factory in Germany to diversify its supply chain.

According to Bloomberg, on the 26th, TSMC Chairman Liu Deyin told shareholders, "We are conducting a serious evaluation regarding the establishment of a semiconductor factory in Germany, where major customers such as Infineon, Volkswagen, and Daimler are located."

However, Chairman Liu explained that the review process for building a factory in Germany is still in its early stages.

Earlier, on the 15th, TSMC CEO Wei Zhejia also stated in an online press conference that the possibility of constructing a semiconductor production plant in Japan "is not ruled out. We are currently investigating investment risks."

Regarding this, Chairman Liu said, "We are continuing the investigation process according to established procedures." He added, "We discuss the possibility of building a factory in Japan weekly," and "The final decision will depend on customer demand."

In April, TSMC announced plans to invest $100 billion over the next three years to expand semiconductor production, cooperating with customers to overcome the global semiconductor supply shortage crisis.

This content was produced with the assistance of AI translation services.