People familiar with the matter revealed that the German government is expected to approve the construction of production facilities in Dresden, the Eastern City of the country after the board meeting on Tuesday (August 8), with a total investment of 10 billion euros (about 148 148100 million yuan).

According to Bloomberg, German Prime Minister Tsurtz's ruling alliance will provide the factory with a subsidy of up to 5 billion euros.The factory will specifically produce car chips.

The German Business Daily took the lead in reporting earlier on Monday the news that TSMC is about to approve the construction of a chip factory in Germany.Bloomberg contacted the spokesman for the Ministry of Economic Affairs and the Saxon State Government on the report, and both refused to comment.TSMC spokesman Nina Kao said she had no further news.

Governments around the world are competing fiercely for the new chip factories to ensure that it can better control the manufacturing process of components that are crucial to global supply chains.

Bloomberg reports that the supply disturbance during the peak of the crown disease -especially in the areas outside Asia -caused a wide range of supply shortages, affecting various industries such as automobiles and consumer electronics, highlightingRelying on risks facing foreign inventory.

Germany has become one of the most radical countries seeking to develop domestic manufacturing.According to insiders, the government's government is expected to approve a plan this week to inject an additional 22 billion US dollars into a fund for semiconductor production and climate protection measures.Intel's chip facility will receive a subsidy of about $ 11 billion in Berlin.

TSMC has been negotiating with partners such as NXP Semiconductor, Bosch and Yingfei Ling Technology to invest in the German joint venture.

Liu Deyin, chairman of TSMC, confirmed that the company is considering allowing customers to hold a few equity of the German factory, but he did not disclose the names of interested parties.

The situation of the Taiwan Strait is becoming increasingly tense. In order to appease investors' concerns, TSMC has been expanding overseas layout.TSMC has promised to build two advanced facilities in Arizona, USA, with an investment scale of 40 billion US dollars.At the same time, the company is investing at $ 8.6 billion to build a factory in Japan, and has received support from Tokyo and investment from Sony Group and Japan.