TSMC to enter ‘Silicon Saxony’ with €10B chip plant

In a pivot toward Europe, Taiwanese chipmaker TSMC decided yesterday to invest in a €10bn chip factory in Germany.  With Taiwan under mounting pressure from Beijing to submit to mainland China authority, politicians — and customers — are increasingly concerned about disruptions to semiconductor supply chains. As such, the Taiwanese producer is looking to geographically diversify its dominant computer chip industry.  Taiwan Semiconductor Manufacturing Corporation, or TSMC, produces most of the chips in Taiwan. In turn, the East Asian island makes over 60% of the world’s semiconductors, and 90% of the most advanced ones.   On the other side of the equation,…

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