Bloomberg: TSMC discussed with partners up to 10 billion euros of German Factory Plan

Bloomber10 billion euros (S $ 14.7 billion), a chip manufacturer in Saxony, Germany.

Bloomberg News on Wednesday (May 3) quoted insiders who did not want to be named.Bosch) and INFINEON Technology (Infineon Technologies), including national subsidies, have a total budget of at least 7 billion euros, but the total investment may reach nearly 10 billion euros.

People familiar with the matter said that the relevant person has not made a final decision, and the plan may change.TSMC may be approved as soon as in August.

TSMC spokesman Gao Menghua said that TSMC still evaluates the possibility of building factories in Europe.A spokesperson for the Ministry of Economic Affairs of NXP, Bosch, Yingfei and the Ministry of Economic Affairs of Germany refused to comment.

TSMC Chairman Liu Deyin said at the shareholders' meeting in 2021 that the company considers setting up factories in Germany and evaluated this.

People familiar with the matter said that this will be TSMC's first wafer fab in the European Union and will focus on the production of 28 nanometer chips.