Chip manufacturer TSMC is a factory in Germany | abroad

Before this happens, TSMC wants clarification on available government grants, said Laura Hu, director of sales for Asia and Europe. In addition, the company wants to know if there are enough suitable candidates for the vacant positions the company has to fill, it said at a conference in Taiwan’s capital, Taipei. The chip sector needs highly educated employees, and these are rare everywhere. It also remains to be seen if there will be demand for the semiconductors to be made by a German manufacturer.

TSMC is the world’s largest manufacturer of computer chips commissioned by other companies, such as Apple, Intel or Nvidia. Most of the production sites are located in Taiwan, but recently the company has also announced large factories outside the country’s borders. For example, TSMC is building a factory worth 10.6 billion euros in the US state of Arizona. In Japan, the group is investing about 6 billion euros in a new production facility.

The European Commission wants Europe to account for 20% of global production by 2030. Now about 10 percent. In this way, the EU becomes less dependent on foreign suppliers. It is also intended that the most powerful chips will also be manufactured on European soil in the future.

Many sectors, including the auto industry, suffer from a shortage of chips.