Workers outside a TSMC plant
TSMC is expected to finalize its plan and approve the building of an $11 billion chip plant in Dresden, Germany, following a Tuesday board meeting.
Neither spokespeople for TSMC nor the Economy Ministry, nor the Saxony regional government, commented on the claims.
The cost of the plant will be in the region of $11 billion to produce, but TSMC is expected to fork over only half of the figure. It is reckoned that the German government will provide in the region of $5 billion in subsidies for the plant’s creation.
With the high cost, TSMC has been in discussions to add partners to the effort, including NXP Semiconductors, Robert Bosch GmbH, and Infineon Technologies.
It is also claimed that TSMC is also considering customers hold minority stakes in the plant itself. Though the names of those clients have not been disclosed, it seems unlikely for Apple to be among them, since the plant is primarily intended for automotive industry chips.
