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HomeEuropeTSMC reportedly to set up production in Dresden

Balanced News: TSMC reportedly to set up production in Dresden

Our 'quick read' news summary

The Taiwan Semiconductor Manufacturing Company (TSMC) is preparing to set up a production plant in Dresden, according to sources. Sources stressed that TSMC is checking the capacity of local suppliers to see whether it is sufficient to justify opening a production plant in Germany to capitalise on rising demand in the region. According to sources, European car industry’s rising demand for locally produced chips prompted the company to revisit the idea.

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