The world’s largest chip manufacturer, TSMC, has laid the foundation stone for its new semiconductor factory in Dresden. The plant is being subsidised with €5bn in taxpayer funds. For the German government and the EU, the goal is to become less dependent on China for critical computer components.
#OIDW #DWVideos #TSMC #SemiconductorRevolution #DresdenFactory #TechGiant #ChipManufacturing #GermanyTech #EUInnovation #ChinaDependency #GlobalTechShift #TSMCExpansion #HighTechInvestment #EuropeanTechHub #ChipIndustry #TaxpayerFunds #SemiconductorPlant
~HT.97~ED.101~PR.152~
#OIDW #DWVideos #TSMC #SemiconductorRevolution #DresdenFactory #TechGiant #ChipManufacturing #GermanyTech #EUInnovation #ChinaDependency #GlobalTechShift #TSMCExpansion #HighTechInvestment #EuropeanTechHub #ChipIndustry #TaxpayerFunds #SemiconductorPlant
~HT.97~ED.101~PR.152~
Category
🗞
NewsTranscript
00:00A groundbreaking ceremony in Dresden, marking one of the largest ever investments in Eastern
00:06Germany.
00:07C.C. Wei, CEO of the main investor TSMC, traveled from Taiwan to be here.
00:15He was joined by Germany's Chancellor and EU Commission President Ursula von der Leyen.
00:20Perfect.
00:21I got all the support from EU's commission.
00:26I got support from German government, federal, state and local.
00:32I'm happy.
00:34This is what the chip factory will look like in 2027.
00:38It'll cost over 10 billion euros with almost half funded by German taxpayers.
00:43The high level of subsidies made possible by the EU's European Chips Act.
00:48It aims to establish semiconductor plants locally in Europe, making the continent less
00:52vulnerable to global supply chain disruptions, trade disputes and piracy against ships passing
00:58through the Red Sea.
01:03Taiwan's TSMC will hold a 70 percent stake in the newly created European semiconductor
01:08manufacturing company.
01:11Other investors include Bosch and Infineon from Germany and the Dutch chip firm NXP,
01:16each with a 10 percent share.
01:20I think it's very difficult.
01:21You saw how much money gets invested, right?
01:2310 billion.
01:24That's a huge amount.
01:25Actually, for all our companies, it's quite an amount.
01:28And the other thing is you need skills for this, and everybody contributes different
01:31skills with it.
01:32I think TSMC contributes to it, the skill set of manufacturing, NXP, Infineon and Bosch
01:38will complement it with the skill set of products and developing products which fit in this
01:41factory.
01:42So you need each other.
01:43And that's pretty typical in the semiconductor industry, where doing things alone is less
01:48successful than partnering in all kinds of ways together and using each other's strengths.
01:52The biggest investor TSMC is working closely with is Dresden Technical University.
01:58Thirty students are taking part in an eight-month internship at TSMC in Taiwan this year alone.
02:05Like Veronica Voronko and Shraddha Komatvar.
02:08They are hoping to be among the 2,000 employees in Dresden who will produce chips to control
02:14engines.
02:16We have a real chance to be employed there in the future.
02:20TSMC is a well-known company, so it kind of has its own brand.
02:26So when I changed, like added the fact that I'm an intern at TSMC, it of course elevated
02:31my CV.
02:33For TSMC, the opening of the plant is a step towards becoming less dependent on Taiwan,
02:39a small island at risk of being attacked by China.
02:43The company is also planning a chip factory in Japan and two in Arizona.
02:48The plant in Dresden is an important part of TSMC's internationalization.