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Industry giants team up to build new chip plant in Germany

                      

TSMC and three other semiconductor companies agree to invest in Dresden fabrication facility

Companies including the world’s largest contract semiconductor manufacturer are teaming up to build a new chip plant in Germany, with the help of public subsidies intended to help the EU gain a bigger share of the microchip industry.

On 8 August, the Taiwan Semiconductor Manufacturing Company, Germany-based Bosch and Infineon, and Netherlands-based NXP Semiconductors announced that they plan to invest in a Dresden fabrication facility partly funded by the German government.

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