Taiwan’s Chipmaker TSMC Says ‘No Plans’ for German Expansion Yet

Taiwan’s Chipmaker TSMC Says ‘No Plans’ for German Expansion Yet
The logo of Taiwan Semiconductor Manufacturing Co. (TSMC) at its headquarters in Hsinchu, Taiwan, on Jan. 19, 2021. Ann Wang/Reuters
Aldgra Fredly
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Taiwan Semiconductor Manufacturing Company (TSMC) said it has no plans to expand in Germany yet, following reports that the firm was in discussions with suppliers about potentially building its first European plant.

The Financial Times earlier reported that TSMC, the world’s largest contract chipmaker, is in “advanced talks” with suppliers to build a plant in Dresden, Germany, citing unnamed sources “familiar with the matter.”