Major Apple supplier TSMC plans first German chip fab with cost up to €10 billion appeared first on MacDailyNews. Major Apple supplier TSMC plans first German chip fab with cost up to €10 billion appeared first on MacDailyNews. Major Apple supplier TSMC plans first German chip fab with cost up to €10 billion appeared first on MacDailyNews. Major Apple supplier TSMC plans first German chip fab with cost up to €10 billion appeared first on MacDailyNews.
Major Apple supplier TSMC is in talks with partners to spend up to €10 billion ($11 billion) to build a chip fabrication plant in Saxony, Germany, Bloomberg News reports Thursday

Major Apple supplier TSMC is in talks with partners to spend up to €10 billion ($11 billion) to build a chip fabrication plant in Saxony, Germany, Bloomberg News reports Thursday citing “people familiar with the matter.”

TSMC

Jillian Deutsch and Alberto Nardelli for Bloomberg News:

The planned venture between TSMC, NXP Semiconductors NV, Robert Bosch GmbH and Infineon Technologies AG will include state subsidies and would have a budget of at least €7 billion, with the total investment likely closer to €10 billion, the people said, asking not to be identified because the information is private. A final decision has not been made and the plans could still change, they said.

TSMC Chairman Mark Liu told shareholders in 2021 that the chipmaker had started assessments on setting up manufacturing operations in Germany, Europe’s largest economy. The proposed European plant would focus on chips for the automotive sector, Chief Executive Officer C. C. Wei has said.

Similar projects in Germany have sought as much as 40% of their funding from subsidies as the European Union attempts to double its share of global semiconductor production by 2030. In April, the EU passed the €43 billion Chips Act to boost domestic output after supply chain disruptions during the Covid-19 pandemic and as tensions between the US and China escalate.

Any state aid would require approval from the European Commission, and the consortium is in talks with officials over the size of the package, the people said. In Japan, where TSMC is spending $8.6 billion with partners to build a plant, it will receive about half of the funding from the government.

TSMC is Taiwan’s biggest company and Apple Inc.’s main chipmaker.

MacDailyNews Take: The more chip production can be diversified, the better!

Please help support MacDailyNews. Click or tap here to support our independent tech blog. Thank you!

Support MacDailyNews at no extra cost to you by using this link to shop at Amazon.

The post Major Apple supplier TSMC plans first German chip fab with cost up to €10 billion appeared first on MacDailyNews.

original link


You may also be interested in this

Tonor T90 RGB Boom Arm re…

The Tonor T90 RGB Boom Arm is an adjustable steel arm that holds your microphone in place, while also incorporating multiple lights to complement your desk setup.Tonor T90 RGB Boom

Get AirPods Pro 2 with $5…

Apple's amazing AirPods Pro 2 are available with a hefty $50 discount on Amazon ahead of next week's Prime Day. (via Cult of Mac - Tech and culture through an

Apple busts major iOS 17 …

The tipster who went by analyst941 leaked a large number of details about iOS 17, but their inside source has been caught. (via Cult of Mac - Tech and culture

Ucomx Nano Mini Magnetic …

The Ucomx Nano Mini Magnetic 2-in-1 Wireless Charger offers the same functionality as the MagSafe Duo charging station at a fraction of the cost.Ucomx Nano Mini Magnetic 2-in-1 Wireless ChargerCarrying

Apple Vision Pro Develope…

Apple has announced that the visionOS software development kit (SDK) which will allow third-party developer to build apps for the upcoming Vision Pro headset is now available via Xcode 15

10 awesome new features A…

Now that the iOS, macOS, iPadOS and watchOS betas are out, here are some of the hidden gems people discovered in Apple's operating systems. (via Cult of Mac - Tech

New immersive AR experien…

Inspired by a curiosity for the natural world, “Deep Field” is a new immersive art experience and app created by celebrated Australian artists and creative technologists Tin Nguyen and Edward

Apple Arcade FAQ: ‘Retro …

Macworld Gaming subscription services are all the rage now, but Apple Arcade isn’t quite like Google Stadia or Xbox Game Pass. So if you’ve got questions about it, we’ve got
X

A whimsical homage to the days in black and white, celebrating the magic of Mac OS. Dress up your blog with retro, chunky-grade pixellated graphics to evoke some serious computer nostalgia. Supports a custom menu, custom header image, custom background, two footer widget areas, and a full-width page template. I updated Stuart Brown's 2011 masterpiece to meet the needs of the times, made it responsive , got dark mode, custom search widget and more.You can download it from tigaman.com, where you can also find more useful code snippets and plugins to get even more out of wordpress.